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Ecuador bought an item of property, plant and equipment for K25 million on 1 January 2012 and depreciated over its useful life of 10 years.

Ecuador bought an item of property, plant and equipment for K25 million on 1 January 2012 and depreciated over its useful life of 10 years. On 31 December 2014, the assets remaining life was estimated as 5 years. Calculate the amounts to shown in the financial statements of Ecuador for the year-ended 31 December 2015.

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