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Question 5 of 33 - 71 TIT View Policies Current Attempt in Progress Wildhorse Co. purchased equipment on January 1, 2016, at a total invoice

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Question 5 of 33 - 71 TIT View Policies Current Attempt in Progress Wildhorse Co. purchased equipment on January 1, 2016, at a total invoice cost of $1300000. The equipment has an estimated salvage value of $20000 and an estimated useful life of 5 years. What is the amount of accumulated depreciation at December 31, 2017, if the straight-line method of depreciation is used? O $256000. $512000. $260000. O $520000

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