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The life of a machine is estimated 15 years. The original cost of the machine is TK 12,000 and the depreciation on the reducing installment

The life of a machine is estimated 15 years. The original cost of the machine is TK 12,000 and the depreciation on the reducing installment system being charged at 10% per annum. Find out the scrap value of the machine after the end of it's life.

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