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CBA Group purhcased a machine costing 30,000 euro and estimated its useful life to be 10 years. The residual value of the machine was 6,000
CBA Group purhcased a machine costing 30,000 euro and estimated its useful life to be 10 years. The residual value of the machine was 6,000 euro. CBA Group had used the machine for 7 years and sold it in the middle of the 8th year for 15,000 euro. What is the gain on the disposal of the machine?
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