Windsor Company purchased a depreciable asset for $21,961 on the last day of month 6,...
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Accounting
Windsor Company purchased a depreciable asset for $21,961 on the last day of month 6, year 1. The estimated salvage value is $528, and the estimated total useful life is 14 years. The straight-line method is used for depreciation. What is the balance in accumulated depreciation on the last day of month 10, year 6 when the asset is sold?
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