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Sheffield Corporation bought equipment on January 1, 2021. The equipment cost $361000 and had an expected salvage value of $60000. The life of the equipment

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Sheffield Corporation bought equipment on January 1, 2021. The equipment cost $361000 and had an expected salvage value of $60000. The life of the equipment was estimated to be 6 years. The depreciable cost of the equipment is $50167.$201000.$301000.$361000

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