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Quotation of automatic glass sanding machine

Determine the annual depreciation of stated machines Machine Type of Machine First Cost Salvage Value Life No 1 Cutting machine Php30000 Php5000 8 No 2 Drill press Php22000 Php4000 6 No 3 Sanding machine Php15000 Php1500 5 147 A tax and duty free importation of a 30horsepower sand mill for paint manufacturing costs Php360000

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