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Grouper Corp. bought equipment on January 1, 2022. The equipment cost $440000 and had an expected salvage value of $70000. The life of the equipment

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Grouper Corp. bought equipment on January 1, 2022. The equipment cost $440000 and had an expected salvage value of $70000. The life of the equipment was estimated to be 5 years. The depreciable cost of the equipment is $74000 O $370000. $70000. $440000

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