Grey Egret Ltd purchased an item of equipment at a total cost of $85 000 nine months ago on 1 October. The equipment was expected to have residual value of $20 000 at the end of its five-year useful life to the firm. The company's financial year ends on 30 June.
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Energy sourced from natural processes that are replenished at a rate equal to or faster than they are consumed, such as solar or wind power.
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Vehicles powered by electric motors using energy typically stored in rechargeable batteries, distinguishing them from traditional gasoline or diesel cars.
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Significant and lasting changes in the statistical distribution of weather patterns over periods ranging from decades to millions of years.
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