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Q3) [30 Marks) A coin machine costing $ 200,000 has a salvage value of $ 20,000 at the end of its economic life of five

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Q3) [30 Marks) A coin machine costing $ 200,000 has a salvage value of $ 20,000 at the end of its economic life of five years. Determine the yearly depreciation and book values. The schedule of production per year is as follows: Year Number of coins 1 100,000 2 80,000 3 60,000 4 40,000 5 20,000

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