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Business, 07.03.2021 20:40 RealSavage4Life

IM GIVING 10 POINTS TO THOSE WHO CAN SOLVE THIS!! June purchased a new machine. She depreciated it at a rate of 40% per annum using the
reducing balance method. After two years its net book value was $3600.
What was the purchase price of the machine?
A $7056
B $9216
C $10 000
D $22 500
ANS: C
how??

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IM GIVING 10 POINTS TO THOSE WHO CAN SOLVE THIS!! June purchased a new machine. She depreciated it...
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