What is the depreciation base of this asset

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Question - Ferguson Company purchased a depreciable asset for €100,000. The estimated residual value is €10,000, and the estimated useful life is 10 years. The straight-line method will be used for depreciation. What is the depreciation base of this asset?

a. €9,000

b. €10,000

c. €100,000

d. €90,000

Reference no: EM132744850

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