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A machine cost N12 000 and has a useful life of... - WAEC Accounting 1989 Question

A machine cost N12,000 and has a useful life of 4 years and an expected disposal value of N400. Using the straight line method, the annual depreciation is
A
N3,100
B
N3,000
C
N2,900
D
N2,300
correct option: c
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