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Bowker LLC purchased a building to house its manufacturing equipment. The cost of the buildings was $1,700,000. The building has no salvage value, and its
Bowker LLC purchased a building to house its manufacturing equipment. The cost of the buildings was $1,700,000. The building has no salvage value, and its useful life is estimated to be 30 years. Using the straight-line method of depreciation, what will accumulated depreciation be for the building after 3 years of its useful life? Round your answer to the nearest dollar. A. $56,667 B. $113,333 O C. $170,000 O D. $219,640
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