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Cuso Company purchased equipment on AUGUST 1, 2021, at a total invoice cost of $400,000. The equipment has an estimated salvage value of $10,000 and

Cuso Company purchased equipment on AUGUST 1, 2021, at a total invoice cost of $400,000. The equipment has an estimated salvage value of $10,000 and an estimated useful life of 5 years. What is the DEPRECIATION EXPENSE ON DECEMBER 31ST 2021?

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