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Blue Spruce Corp.bought equipment on January 1, 2022. The equipment cost $260000and had an expected salvage value of $45000. The life of the equipment was

Blue Spruce Corp.bought equipment on January 1, 2022. The equipment cost $260000and had an expected salvage value of $45000. The life of the equipment was estimated to be4years. The depreciable cost of the equipment is

$260000.

$215000.

$45000.

$53750.

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