Question: Question 3 (11 marks) A. RK Co purchased a machine on 1st November 2020 at the cost of $110,000 (inclusive of GST) and exclusively used

Question 3 (11 marks) A. RK Co purchased a machine on 1st November 2020 at the cost of $110,000 (inclusive of GST) and exclusively used it to manufacture for the Cos production. The machines effective life is ten years.

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