Question: Adjax bought a machine for $ 8 6 , 0 0 0 . Its estimated life is 1 0 years with a residual value of

Adjax bought a machine for $86,000. Its estimated life is 10 years with a residual value of $6,000. Using the straight-line method, what is the book value of the machine at the end of year 2?
Book value
Adjax bought a machine for $86,000. Its estimated life is 10

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