Question: Bitter End Hops bought a new trestle builder for $45,000. They believe it will have a useful life of 10 years and have a salvage

Bitter End Hops bought a new trestle builder for $45,000. They

Bitter End Hops bought a new trestle builder for $45,000. They believe it will have a useful life of 10 years and have a salvage value of $10,000. Using double declining balance method, what will be the book value of the machine at the end of the second year of ownership? $28,800 $7,200 $9,000 $36,000 none of the above

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