Question 18 of 32 -/1 E View Policies Current Attempt in Progress Sunland Company purchased a depreciable asset for $725000 on April 1, 2018. The estimated salvage value is $68000, and the estimated useful life is 5 years. The straight-line method is used for depreciation. What is the balance in accumulated depreciation on May 1, 2021 when the asset is sold? $268650 O $363150 O $405150 O $310650 Save for Later Attempts: 0 of 1 used Submit