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Crane Company purchased a depreciable asset for $360400. The estimated salvage value is $34400, and the estimated useful life is 10 years. The straight-line method

Crane Company purchased a depreciable asset for $360400. The estimated salvage value is $34400, 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?

$36040

$326000

$34400

$360400

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