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Question 41 Not yet answered Marked out of 4.00 p Flag question Read the following information carefully and answer the following questions Golden Star Traders

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Question 41 Not yet answered Marked out of 4.00 p Flag question Read the following information carefully and answer the following questions Golden Star Traders purchased a machine for OMR 15,000 on January 1, 2020. It is estimated that this machine will have a useful life of 4 years and a residual value of OMR 500. The company depreciates fixed assets using double declining balance method. The double-declining rate is, The accumulated depreciation at the end of 2021 is, The book value at the end of 2022 is, If the machinery is sold for OMR 2,175 at the end of 2022, the gain (loss) on sale of the machinery is, m 2

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