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What is the balance in accumulated depreciation on May

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Question - Swifty Corporation purchased a depreciable asset for $683000 on April 1, 2018. The estimated salvage value is $71000, and the estimated useful life is 5 years. The straight-line method is used for depreciation. What is the balance in accumulated depreciation on May 1, 2021 when the asset is sold?

Reference no: EM132908373

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