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The NBV of B's property, plant and equipment is $51,000 at 1 January 20X5 and $100,000 at 31 December 20X5. A motor vehicle costing $20,000
The NBV of B's property, plant and equipment is $51,000 at 1 January 20X5 and $100,000 at 31 December 20X5.
A motor vehicle costing $20,000 was purchased during the year and land was revalued by $43,000.
What is the depreciation expense for the year?
Group of answer choices $14000 $41000
The NBV of B's property, plant and equipment is $51,000 at 1 January 20X5 and $100,000 at 31 December 20X5.
A motor vehicle costing $20,000 was purchased during the year and land was revalued by $43,000.
What is the depreciation expense for the year?
Group of answer choices
$14000
$41000
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