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What is the amount of depreciation of the assets

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Question - On 1 April 2018, Kay purchases five assets for $2,000 each, which he pools and uses a depreciation rate of 20% Diminishing Value. What is the amount of depreciation of the assets which Kay can claim as deduction for the 2019 income year?

a. $1,000

b. $200

c. $2,000

d. $400

Reference no: EM132661152

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