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Use the Information Below to Answer the Following Questions

question 40

Multiple Choice

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?


Definitions:

Forensics Laboratory

A scientific facility specifically designed for conducting forensic analyses related to criminal and civil investigations, including DNA testing, toxicology, and evidence examination.

Mass Spectrometer

A device that measures the masses within a sample by ionizing chemical compounds to generate charged particles and then analyzing them.

Atomic Masses

The mass of an atom expressed in atomic mass units, representing the total mass of protons, neutrons, and electrons in the atom.

Magnetic Field

A region around a magnetic material or a moving electric charge within which the force of magnetism acts.

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