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On 1 January 2015 Image Plus Ltd acquired electronic equipment for $18 000, net of GST. It is estimated it will have no residual value.
On 1 January 2015 Image Plus Ltd acquired electronic equipment for $18 000, net of
GST. It is estimated it will have no residual value. If depreciation is provided at 10%
p.a. on the diminishing-balance basis, the depreciation charge for the year ended 31
December 2016 is:
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