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A company has a plant with a carrying amount of 2 1 , 0 0 0 , being an initial cost of 3 5 ,

A company has a plant with a carrying amount of 21,000, being an initial cost of 35,000 and accumulated depreciation of 14,000. The fair value of the asset now is 25,000. Show how depreciation will be adjusted under the net method.

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