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Question 7 of 10 -/ 19 View Policies Current Attempt in Progress Oriole Company purchased equipment on January 1, 2021 at a total invoice cost

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Question 7 of 10 -/ 19 View Policies Current Attempt in Progress Oriole Company purchased equipment on January 1, 2021 at a total invoice cost of $1300000. The equipment has an estimated salvage value of $35000 and an estimated useful life of 8 years. What is the amount of accumulated depreciation at December 31, 2022 if the straight-line method of depreciation is used? $158125. O $325000 O $162500. O $316250. e Textbook and Media Save for Later Attempts: 0 of 1 used Submit

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