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The depreciation deduction for year 15 of an asset with a 15-year useful life is $5,000. If the salvage value of the asset was estimated

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The depreciation deduction for year 15 of an asset with a 15-year useful life is $5,000. If the salvage value of the asset was estimated to be 2,000 and straight line depreciation was used to calculate the depreciation deduction for year 15, what was the initial cost of the asset? O $84,602 O $77,000 $89,602 O $39,105

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