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Sheridan Company purchased a depreciable asset for $175800. The estimated salvage value is $14600, and the estimated useful life is 10 years. The straight-line method

Sheridan Company purchased a depreciable asset for $175800. The estimated salvage value is $14600, and the estimated useful life is 10 years. The straight-line method will be used for depreciation. What is the depreciation base of this asset? $16120 $175800 $17580 $161200

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