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$100,000 piece of equipment purchased by Bellemans Chocolatier, Inc. The asset has a $10,000 estimated final salvage value.
If this asset is fully depreciated for tax purposes over its useful life, the overall amount that Bellemans will have depreciated for tax purposes is .
$90,000
$100,000
$135,000
$150,000
Correct answer given by Mr. Emad & YAKOUB
The answer will be $100,000