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Testbank Multiple Choice Question 62 Vaughn Manufacturing purchased a depreciable asset for $359900. The estimated salvage value is $33000, and the estimated useful life is

Testbank Multiple Choice Question 62 Vaughn Manufacturing purchased a depreciable asset for $359900. The estimated salvage value is $33000, 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? $326900 $359900 $33000 $35990

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