Question: M9-4 (Static) Computing Book Value (Straight-Line Depreciation) [LO 9-3] Required: A machine that cost $400,000 has an estimated residual value of $40,000 and an estimated

M9-4 (Static) Computing Book Value (Straight-Line Depreciation) [LO 9-3] Required: A machine that cost $400,000 has an estimated residual value of $40,000 and an estimated useful life of four years. The company uses straight-line depreciation. Calculate its book value at the end of year 3. (Do not round intermediate calculations.)

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