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Ferguson company purchased a depreciable asset for $120000. the estimated salvage value is $10000, and the estimated useful life is 10 years. the straight-line method

Ferguson company purchased a depreciable asset for $120000. the estimated salvage value is $10000, 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?

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