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Cullumber Company purchased a depreciable asset for $ 3 6 0 4 0 0 . The estimated salvage value is $ 3 4 4 0

Cullumber 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 asset's depreciation base? 

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1 Purchase Cost The purchase cost of the depreciable asset is given as 360400 2 Estimated ... blur-text-image

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