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A machine bought for 35 000 was estimated to ha... - JAMB Accounting 2013 Question

A machine bought for #35,000 was estimated to have a life span of 5 years with a scrap value of #9,000

The yearly depreciation using the straight line method would be
A
#8,800
B
#6,500
C
#5,200
D
#4,400
correct option: c
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