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Calculate the total depreciation charge

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Reference no: EM132623450

On 1 January 2013, Sally plc bought a ship for K 192,000 million. The ship as a whole should last for 25 years. The engines, however, will need replacing after 7 years. The cost price of K 192,000 included about K 22,400 million in respect of the engines

Problem 1: Calculate the total depreciation charge that is be charged to the income Statement for year 31 December 2013

Reference no: EM132623450

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