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1. On January 1, 2016, Glare Company purchased a machine for P2,640,000 and depreciated it by the straight lineusing an estimated life of 8 years

1. On January 1, 2016, Glare Company purchased a machine for P2,640,000 and depreciated it by the straight lineusing an estimated life of 8 years with no salvage value. On January 1, 2019, the entit...

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