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For a newly setup classroom, a projector system is purchased for $10,000. The resale value is estimated to be $1,000 at the end of 5
For a newly setup classroom, a projector system is purchased for $10,000. The resale value is estimated to be $1,000 at the end of 5 years useful life of the system. Calculate the depreciation charge for the third year and fourth year by applying the 'Double Declining Meth Method'.
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