Question: M9.6 Computing Book Value (Double-Declining-Balance Depreciation) [LO 9-3] A machine that cost $360,000 has an estimated residual value of $36,000 and an estimated useful ife

M9.6 Computing Book Value (Double-Declining-Balance Depreciation) [LO 9-3] A machine that cost $360,000 has an estimated residual value of $36,000 and an estimated useful ife of four years. The compan uses double-declining-balance depreciation. Calculate its book value at the end of year 3. (Do not round intermediate colculations.)

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