Question: 1) (20 pts.) A company bought a machine for $55,000. It was expected to last 4 years and has a $15,000 salvage value. What

1) (20 pts.) A company bought a machine for $55,000. It was

1) (20 pts.) A company bought a machine for $55,000. It was expected to last 4 years and has a $15,000 salvage value. What is the machine's Book Value at the end of the second year, if the following depreciation method is used? a) Straight Line b) SOYD c) 3-year MACRS d) Double Declining Balance 1

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