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Al Nur Company purchased equipment for AED450,000 which was estimated to have a useful life of 8 years with a residual value of AED50,000

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Al Nur Company purchased equipment for AED450,000 which was estimated to have a useful life of 8 years with a residual value of AED50,000 at the end of that time. Depreciation has been recorded for 4 years on a straight-line basis. In 2020 (year 5), it is determined that the total estimated life should be 9 years with a zero (0) residual value at the end of that time. What is the depreciation expenses to be recorded in year 2020? OA. 200,000 OB. 50,000 OC. 56,000 OD. 100,000

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