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On 1114 jameson co purchased equipment at a cost of 420000

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On 1/1/14 Jameson Co. purchased equipment at a cost of $420,000. The equipment was estimated to have a useful life of five years and a salvage value of $60,000. Jameson uses the sum-of-the-years-digits method of depreciation. What should the accumulated depreciation be at 12/31/17.

Reference no: EM13610228

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