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A lathe machine cost 650,000P and the salvage value is 65,000P after 20 years, find the depreciation charge at the 5th year by Matheson's Formula,
A lathe machine cost 650,000P and the salvage value is 65,000P after 20 years, find the depreciation charge at the 5th year by Matheson's Formula, (Declining Balance Method, DBM).
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