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1. OB Service Company purchased a copier on January 1, 2008 for OMR 17,000 and paid an additional OMR 200 for delivery charges. The copier
1. OB Service Company purchased a copier on January 1, 2008 for OMR 17,000 and paid an additional OMR 200 for delivery charges. The copier was estimated to have a life of four years or 8,000 copies. Salvage value was estimated at OMR 1,200. The copier produced 2,300 copies in 2008; 2,500 copies in 2009. Compute the amount of depreciation expense for the copier for calendar years 2008 and 2009, using these methods: a. Straight line method b. Units-of-production method c. Reducing balance method (Written down value method or Diminishing Balance Method)
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