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Question 1 Swifty Corporation purchased a depreciable asset for $551000. The hours in the current year. The activity method will be used for depreciation. What

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Question 1 Swifty Corporation purchased a depreciable asset for $551000. The hours in the current year. The activity method will be used for depreciation. What is the depreciation expense on this asset? e estimated salvage value is $28000, and the estimated useful ife is 10000 hours. Carson used $523000 $52300 O $62760 O$69480

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