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A precision tools manufacturing company purchased a water jet cutting machine 4 years ago for RM380,000. It will have a salvage value of RM30,000 two

A precision tools manufacturing company purchased a water jet cutting machine 4 years ago for RM380,000. It will have a salvage value of RM30,000 two years from now. Tabulate its book values for each year if the company used: a) Straight line depreciation (10 marks) b) Declining balance depreciation. (Hint: find R first. Use SV = B(1-R)N) (10 marks)

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