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Healthy Practices Hospital purchases $300,000 of testing equipment with a useful life of 5 years. The hospital also pays $20,000 to install and make the

Healthy Practices Hospital purchases $300,000 of testing equipment with a useful life of 5 years. The hospital also pays $20,000 to install and make the equipment usable. The hospital also expects that after 5 years, it can sell the equipment for $10,000. What is the accumulated depreciation of the 3rd year using the straight-line calculation method?

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