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Falmer Co purchased a machine assigned it a useful life of 10 years. On 30 April 2020 it was revalued to 62,400 with no change

Falmer Co purchased a machine assigned it a useful life of 10 years. On 30 April 2020 it was revalued to 62,400 with no change in useful life. The depreciation charge in relation to this machine in the financial statements of Falmer Co for the year ending 31 December 2020 will be

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