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Star company purchased a new machine for 70,000 Euro on the 1st of April, year N...
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Star company purchased a new machine for 70,000 Euro on the 1st of April, year N. There
were other 1,500 Euro incurred for installation, 2,000 Euro for testing to make sure that machine
works properly. The machine has 10 years of expected useful life. What is the balance of its accumulated depreciation at 31/12/N :
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