Solved: The cost of the engines which is 85m was included in the, Accounting Basics

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The cost of the engines which is 85m was included in the

Question - A company buys a plane for $50m.The plane as a whole is expected to have useful life of 30 years. The engines, however will be replaced after 6 years. The cost of the engines which is $8.5m was included in the cost of the plane. Calculate the annual depreciation charge.

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Accounting Basics: The cost of the engines which is 85m was included in the

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Accounting Basics: The cost of the engines which is 85m was included in the

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