On January 1 . 2014, Jameson Company purchased equipment at a cost of $420,000 . The equipment was estimated to have a useful life of five years and a salvage value of $60,000 . Jameson uses the sum-of-the-years'-digits method of depreciation. What should the accumulated depreciation be at December 31 . 2017?

a. $240,000
b. $288,000
c. $336,000
d. $360,000


C

Business

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