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Oriole Company purchased equipment on January 1, 2016, at a total invoice cost of $1300000. The equipment has an estimated salvage value of $35000 and

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Oriole Company purchased equipment on January 1, 2016, at a total invoice cost of $1300000. The equipment has an estimated salvage value of $35000 and an estimated useful life of 8 years. What is the amount of accumulated depreciation at December 31, 2017, if the straight-line method of depreciation is used? O $316250. O $162500. O $325000. O $158125

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