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If an asset was purchased on January 1 Year 1, for $155,000 with an estimated life of 5 years, what is the accumulated depreciation at

If an asset was purchased on January 1 Year 1, for $155,000 with an estimated life of 5 years, what is the accumulated depreciation at December 31, Year 47 Multiple Choice O $62,000 O $31000 O $93.000 $124.000

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