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An international organisation in Geneva acquires a land and building for CHF 1,500,000. The value of the land is estimated at CHF 300,000. The useful

An international organisation in Geneva acquires a land and building for CHF 1,500,000. The value of the land is estimated at CHF 300,000. The useful life of the building is estimated at 30 years. What is the amount of the yearly depreciation charge two years after the acquisition?

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