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Use the information below to answer the following questions.
Alby Ltd purchased a machine for $32,000 on 1 January 2010. The machine was expected to have a useful life of 4 years. The financial year ends on 31 December. The straight-line method of depreciation is employed.
-A machine purchased on 1 July 2010 cost $100 000 and has a zero estimated salvage value.The useful life of the machine is 5 years.What is the balance of accumulated depreciation at 30 June 2012?
Refocus Purpose
The act of realigning or adjusting one’s goals or objectives to regain clarity and direction.
Time Manager
A person or tool that organizes and plans how to divide one's time between specific activities efficiently.
Finish Assignments
Completing tasks or work given by someone in authority, often within a set timeframe.
Attention Span
The duration for which an individual can concentrate on a task without becoming distracted.
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