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A mining company has a gross income of 32,000,000P per month from the production of iron core. All expenses, excluding depletion expenses, amount of 26,000,000P
A mining company has a gross income of 32,000,000P per month from the production of iron core. All expenses, excluding depletion expenses, amount of 26,000,000P per month. If the fixed depleciation rate of iron core is 15%, what is the monthly depletion allowance?
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