Sheridan Corporation bought equipment on January 1, 2021. The equipment cost $354000 and had an expected salvage value of $60600. The life of the equipment was estimated to be 6 years. The depreciable cost of the equipment is $354000. O $193400. $48900. O $293400.

Sheridan Corporation bought equipment on January 1, 2021. The equipment cost $354000 and had an expected salvage value of $60600. The life of the equipment was estimated to be 6 years. The depreciable cost of the equipment is $354000. $193400. $48900. $293400