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NRDC has bought a Massey Ferguson planter at K150 000 with an estimated life span of 15years with the scrap value of K10 000. Depreciation

NRDC has bought a Massey Ferguson planter at K150 000 with an estimated life span of 15years with the scrap value of K10 000. Depreciation rate is at 20%. Using the Declining method calculate the depreciation values in its life time showing the total annual depreciation values and the remaining value in the 15th year

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