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Karen has been running a successful nursery school 'Little Monkeys' since 201. She bought the following assets as the nursery grew: - A new oven

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Karen has been running a successful nursery school 'Little Monkeys' since 201. She bought the following assets as the nursery grew: - A new oven for the nursery kitchen at a cost of $2,000 (purchased 1 December 20X4). - A minibus to take the children on trips for $18,000 (purchased 1 June 20X4). She depreciates the oven at 10% straight line and the minibus at 25% reducing balance. A full year's depreciation is charged in the year of purchase and none in the year of disposal. What is the total depreciation charge for the year ended 31 October 206

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