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Teejan LLC bought a machine for RO 16000. The life of the machine is ten years The company follows diminishing balance method of depreciation. The

Teejan LLC bought a machine for RO 16000. The life of the machine is ten years The company follows diminishing balance method of depreciation. The closing balance of machine in the third year is

a.

RO 12400

b.

RO 11664

c.

RO 14400

d.

RO 12980

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