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Question 28 4 pts Oriole Company purchased equipment on June 30, 2019, at a total invoice cost of $1,100,000. The equipment has an estimated salvage

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Question 28 4 pts Oriole Company purchased equipment on June 30, 2019, at a total invoice cost of $1,100,000. The equipment has an estimated salvage value of $20,000 and an estimated useful life of 5 years. What is the amount of accumulated depreciation at December 31, 2020, if the straight-line method of depreciation is used? $324,000. O $432,000. O $440,000. O $216,000

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