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A company owns assets that qualify as investment property and applies the fair value model for all such property. Assuming the assets are expected to
A company owns assets that qualify as investment property and applies the fair value model for all such property. Assuming the assets are expected to be used for 10 years and have a year-1 book value of $100,000, depreciation expense for that year is:
Question 16 options:
| a) $10,000 |
| b) nil |
| c) $15,000 |
| d) $9,000 |
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