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Jasra Ltd. has purchased machinery worth $ 4,000,000. It cost them $ 100,000 to transport the machinery to their location. The Company considers that

Jasra Ltd. has purchased machinery worth $ 4,000,000. It cost them $ 100,000 to transport the machinery to their location. The Company considers that the useful life of machinery is 5 years, and they can expire the machinery at a value of 100,000. Q5 Prepare the depreciation schedule using sum of digit method. [5 marks]

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