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An asset is depreciated using the reducing balance method of 15% per annum. The asset initially cost 25,000, what is the depreciation charge for year

An asset is depreciated using the reducing balance method of 15% per annum. The asset initially cost 25,000, what is the depreciation charge for year 3?

Select one: Oa 2709.38 O b. 15353.12 OC. 2302.97 O d. 3187.50

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