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(5 points) Salanoia purchased PPE on January 1, 2020 for $2,161,000. The production teams estimates that the asset will be used for 5 years,

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(5 points) Salanoia purchased PPE on January 1, 2020 for $2,161,000. The production teams estimates that the asset will be used for 5 years, after which it can be sold for $173,000. Based on these estimates, what is the book value of this asset at the end of 2020 if the company uses the sum-of-the-year's-digits method for calculating depreciation? (A 28) $1,861,333 $1,498,333 $1,325,333 $662,667

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