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Business, 12.03.2021 15:20 lifeofabe214

On January 2, 2018, Sunland Company acquired equipment to be used in its manufacturing operations. The equipment has an estimated useful life of 10 years and an estimated salvage value of $46400. The depreciation applicable to this equipment was $224000 for 2021, computed under the sum-of-the-years'-digits method. What was the acquisition cost of the equipment

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