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Shop fittings were purchased on 1/1/08 for $24000, and has a residual value of $2000. It is depreciated at 10% using the reducing balance method.

Shop fittings were purchased on 1/1/08 for $24000, and has a residual value of $2000. It is depreciated at 10% using the reducing balance method. What will be the book value of the printing press at 31/12/09?

a. $17496

b. $21600

c. $19440

d. $19200

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