An asset costing $17,000 was purchased on 01/01/15. It had an estimated useful life of...
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Accounting
An asset costing $17,000 was purchased on 01/01/15. It had an estimated useful life of 5 years and an estimated residual value of $2,000. If the company uses the Straight Line Method of depreciation, then the accumulated depreciation at the end of the fifth and final year would be:
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