Question: Value couriers are considering purchasing five new delivery vehicles for their fleet. The delivery vehicles cost R279,950 each with a residual value of R68,950 after

Value couriers are considering purchasing five new delivery vehicles for their fleet. The delivery vehicles cost R279,950 each with a residual value of R68,950 after 5 years. If Value depreciates each vehicle over 5 years on the reducing balance method, what will the depreciation charge for one vehicle be for each year for the first three years

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