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(5 points) Honeyeater purchased a small office building on March 1, 2016 for $7,920,300. The estimated salvage value was $396,000 and the estimated useful life

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(5 points) Honeyeater purchased a small office building on March 1, 2016 for $7,920,300. The estimated salvage value was $396,000 and the estimated useful life was 5 years. Assuming Honeyeater uses straight line depreciation, how much was credited to accumulated depreciation before the sale of the asset on April 1, 2020? (A 25 & 28) $0 $125,405 $376,215 $1,504,860

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