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Numerical Input 1.0 point possible (graded, results hidden) Ananta Group paid $391000 in cash to purchase a plot of land to construct a new factory.
Numerical Input 1.0 point possible (graded, results hidden) Ananta Group paid $391000 in cash to purchase a plot of land to construct a new factory. Additional expenditures were attorney's fee of $1490, real estate broker's commission of $1200 and building permit fee for the construction of the new factory of $1240. Determine the amount at which land should be debited. Submit You have used 0 of 1 attempt Save Numerical Input 1.0 point possible (graded, results hidden) Galton Group Limited purchased a machine on October 1, 2020 at a cost of $39000 with an estimated salvage value of $7000. The machine was expected to have an estimated useful life of 10 years. Determine the value of the accumulated depreciation of the machine at the end of the year 2022 using the straight line method. Submit You have used 0 of 1 attempt
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