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On January 1, 2022, Aiden Inc. acquired a machine and management estimated useful life of 10 years and an estimated salvage value of 50,000. Aiden

On January 1, 2022, Aiden Inc. acquired a machine and management estimated useful life of 10 years and an estimated salvage value of 50,000. Aiden uses straight line depreciation. If the company reported depreciation expense of $100,000, what was the original cost of the equipment?

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