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On 1 July 2018, Neha received a $2m grant towards a new plant which will last 5 years. The grant must be repaid if Neha

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On 1 July 2018, Neha received a $2m grant towards a new plant which will last 5 years. The grant must be repaid if Neha sells the asset within 4 years. Neha uses the deferred income method in relation to capital grants. What amount will be shown in the non-current liabilities as at 31 December 2018

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