Question: Al Faras LLC bought a stitching machine for RO 8000. The life of the machine is five years The company follows diminishing balance method of

Al Faras LLC bought a stitching machine for RO 8000. The life of the machine is five years The company follows diminishing balance method of depreciation. The amount of depreciation in the second year is

RO 1600

RO 1280

RO 1024

RO 2880

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