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7) Sargent Corporation bought equipment on January 1, 2018. The equipment cost $170,000 and had an expected salvage value of $10,000. The life of the

7) Sargent Corporation bought equipment on January 1, 2018. The equipment cost $170,000 and had an expected salvage value of $10,000. The life of the equipment was estimated to be 6 years. The total depreciable cost of the equipment is

a. $170,000.

b. $150,000.

c. $160,000.

d. $10,000.

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