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8. Copier Ltd buys a machine for 80,000. It is expected to last for 5 years and the residual value to be 10,000. Using the
8. Copier Ltd buys a machine for 80,000. It is expected to last for 5 years and the residual value to be 10,000. Using the straight-line basis, what is the annual depreciation charge in the Income Statement? a) 16,000 b) 18,500 c) 2,750 d) 14,000
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