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6. Falcon Company purchased a depreciable asset for $125,000, and paid an additional $1,000 for insurance during shipping. The estimated salvage value is $10,000, and

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6. Falcon Company purchased a depreciable asset for $125,000, and paid an additional $1,000 for insurance during shipping. The estimated salvage value is $10,000, and the estimated useful life is 10 years. The straight-line method will be used for depreciation. What is the depreciation base of this asset? a. $116,000 b. $11,600 c. $115,000 d. $125,000

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