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Applebaum Ltd has 3 fruit picking machines which they use seven days a week and 52 weeks a year. Each machines cost $22409 and machines
Applebaum Ltd has 3 fruit picking machines which they use seven days a week and 52 weeks a year. Each machines cost $22409 and machines are expected to provided benefits evenly in the business for 5 years. After 5 it is expected for each machine to be no longer of any benefit and so will be scraped with no residual value.
Calculate the monthly depreciation cost
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