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What will be the amount of accumulated depreciation

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Question: Peavey Enterprises purchased a depreciable asset for $23,000 on April 1, Year 1. The asset will be depreciated using the straight-line method over its four-year useful life. Assuming the asset's salvage value is $2,200, what will be the amount of accumulated depreciation on this asset on December 31, Year 3?

$14,300

$5,200

$4,333

$4,333

$17,333

Reference no: EM131740900

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