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Question fo /2 View Policies Current Attempt in Progress Swifty Corporation purchased a depreciable asset for $683000 on April 1, 2018. The estimated salvage value

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Question fo /2 View Policies Current Attempt in Progress Swifty Corporation purchased a depreciable asset for $683000 on April 1, 2018. The estimated salvage value is $71000, 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? O $335400 $282900 O $240900 O $377400 Attempts: 0 of 1 used

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