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Quiz Company acquired a long - lived asset on January 1 , Year 1 . Information regarding the asset is as follows. Acquisition cost Residual

Quiz Company acquired a long-lived asset on January 1, Year 1. Information regarding the asset is
as follows.
Acquisition cost
Residual value
Estimated useful life, in years
$6,600
Estimated productive output, in units
Quiz Company uses the straight-line depreciation method.
Determine the accumulated depreciation at December 31, Year 3.
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