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Question 10 of 28 f 3.1 E lView Policies Current Attempt in Progress Bonita Industries purchased a depreciable asset for $690000 on April 1, 2018.

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Question 10 of 28 f 3.1 E lView Policies Current Attempt in Progress Bonita Industries purchased a depreciable asset for $690000 on April 1, 2018. The estimated salvage value is $72000. and the estimated useful life is 5 years. The straightline method is used for depreciation. What is the balance in accumulated depreciation on May 1,2021 when the asset is sold? O $286600 0 $339100 0 $381100 0 $244600 +00 Question 8 of 28

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