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What is the amount of accumulated depreciation at December

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Problem - Green Company purchased equipment on January 1, 2018, at a total invoice cost of $600,000. The equipment has an estimated salvage value of $15,000 and an estimated useful life of 5 years. What is the amount of accumulated depreciation at December 31, 2019, if the straight-line method of depreciation is used?

Reference no: EM132925584

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