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Business, 12.12.2019 23:31 jadahilbun01

Cuso company purchased equipment on january 1, 2016, at a total invoice cost of $400,000. the equipment has an estimated salvage value of $10,000 and an estimated useful life of 5 years. what is the amount of accumulated depreciation at december 31, 2017, if the straight-line method of depreciation is used?

a. $80,000
b. $160,000
c. $78,000
d. $156,000

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Cuso company purchased equipment on january 1, 2016, at a total invoice cost of $400,000. the equipm...
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