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Question 11 2 pts Below are details of Yarra Company's equipment as at 30 June 2020: Cost Accumulated depreciation Fair value less cost to dispose
Question 11 2 pts Below are details of Yarra Company's equipment as at 30 June 2020: Cost Accumulated depreciation Fair value less cost to dispose Discounted value in use $20,000,000 $5,400,000 $15,000,000 $16,000,000 The equipment's useful life is 10 years. Yarra Company uses the straight-line depreciation method and estimates that the residual value of the equipment is $2,000,000. On its 30 June 2020 balance sheet, Yarra Company should report its equipment at: O $20,000,000 O $15,000,000 O $18,000,000 O $16,000,000 O $14,600,000
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