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TradeYou purchases a vehicle for one of its executives. Its estimated residual value is $0, and annual depreciation calculated over 5 years on a straight-line
TradeYou purchases a vehicle for one of its executives. Its estimated residual value is $0, and annual depreciation calculated over 5 years on a straight-line basis is $10,000.What was the (GST exclusive) cost of the vehicle?
Select one:
a.$10,000
b.$58,000
c.$50,000
d.$40,000
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