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On January 1,2019 , Oriole Company purchased equipment for $395000. The equipment is estimated to have a salvage value o $8000 and is being depreciated

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On January 1,2019 , Oriole Company purchased equipment for $395000. The equipment is estimated to have a salvage value o $8000 and is being depreciated over eight years under the sum-of-the-years'-digits method. What should be the charge for depreciation of this equipment for the year ended December 31, 2026? $10750 $10972 $49375 $48375

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