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Cullumber Company purchased equipment on January 1, 2021 at a total invoice cost of $1100000. The equipment has an estimated salvage value of $35000 and

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Cullumber Company purchased equipment on January 1, 2021 at a total invoice cost of $1100000. The equipment has an estimated salvage value of $35000 and an estimated useful life of 5 years. What is the amount of accumulated depreciation at December 31, 2022 if the straight-line method of depreciation is used? O $220000. O $426000. O $213000. O $440000. .. .Mwi

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