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A company has different depreciation policies for different classes of asset. The depreciation policy for machinery is to apply the straight line method with an

A company has different depreciation policies for different classes of asset. The depreciation policy for machinery is to apply the straight line method with an estimated useful life of 8 years. The depreciation policy for delivery vehicles is to apply reducing balance method at 20%. The company buys a machine for 11,654 and estimates its residual value at 2,325. What is the total depreciation charge after three years have elapsed from the purchase date?

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