Moving to the next question prevents changes to this answer. Question 6 of 18 Save Answer muestion 6 5 points The cost of an asset, purchased January 1st of Year 1, is $10,000,000, and its residual value is $100,000. Estimated useful life of the asset is four years. The company uses the double-declining-balance method of accounting. What will the book value of the asset be on December 31, Year 3? S 5,000,000 S 2,500,000 S 1,250,000 S 1,000,000 Question 6 of 18 Moving to the next question prevents changes to this answer. A 15 MacBook Air