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ITEM 2 (20 UNITS) 1. To draw up the Statement of Financial Performance (Statement of Results) based on the data of Item 1 and taking
ITEM 2 (20 UNITS)
1. To draw up the Statement of Financial Performance (Statement of Results) based on the data of Item 1 and taking into account that the mechanical equipment of the Municipality is amortized at a rate of 20%, while the monthly payroll cost amounts to 10,000.
2. Compare and comment on the outcome of the report and the Statement of Financial Performance
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