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Martin Company paid $1,100,000 for equipment. Martin uses straight-line depreciation Currently the Accumulated Depreciation account shows a balance of $220,000. If the asset has no

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Martin Company paid $1,100,000 for equipment. Martin uses straight-line depreciation Currently the Accumulated Depreciation account shows a balance of $220,000. If the asset has no residual value and an estimated life of 10 years, how many years has the asset been depreciated? (Round your final answer to the nearest year) OA. 2 OB. 5 OC. 10 OD 3

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