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n 2 nswered ut of 1.00 question 21. C5.Lee Enterprises purchased a depreciable asset for RM22,000 on 1 March, Year 1. The asset will be

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n 2 nswered ut of 1.00 question 21. C5.Lee Enterprises purchased a depreciable asset for RM22,000 on 1 March, Year 1. The asset will be depreciated using the straight-line method over its four-year useful life. Assuming the asset's residual value is RM2,000, what will be the amount of accumulated depreciation on this asset on 31 December, Year 4? Select one: a. RM19,166.67 O b. RM4,166.67 c. RM1 6,666.68 d. RM5,000.00 O e. RM20,000.00

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