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Question 4 A fixed asset has an original cost of 44,800 and is to be depreciated using the reducing balance method and a rate of

Question 4

A fixed asset has an original cost of 44,800 and is to be depreciated using the reducing balance method and a rate of 25%. The depreciation charge for year 2 of the assets life will be:

  1. 11,200

  2. 4,800

  3. 33,600

  4. 8,400

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