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With regard to Question 1, the answer provided by ACCA – Working 3:
Under the computation of Zinc’s post acquisition reserve, may I know how to calculate the “increase in depreciation” of 0.40?
P/S: I thought that the increase in FV of the PPE in note ii of the question is $3 million, asset life of 5 years should get the depreciation of 0.6.
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