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Yes…”at a cost of, say, $6 million,” – this is the clue…It is in the Kaplan text published in 2014
Hello,
I
am not sure that iam allowed to write here but I know the answer:)“When the first overhaul is completed at the end of year 5 at a cost of, say, $6 million, then this cost is capitalised and depreciated to the date of the next overhaul:”
This is the condition of the task. It is not a calculation.
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