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17) Texas Company purchased an asset for $460,000 on April 1, 2018. The estimated salvage value is $60,000, and the estimated useful life is 5

17) Texas Company purchased an asset for $460,000 on April 1, 2018. The estimated salvage value is $60,000, and the estimated useful life is 5 years. The straight-line method is used for depreciation. What is the balance in accumulated depreciation on October 1, 2022 when the asset is sold?

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