Atomic Ltd purchases a machine for which the suppliers list price is 162,000. Automat pays 117,000 in cash and trades in an old machine which has a net book value of 72,000. It is the companys policy to depreciate such machines at the rate of 10% per annum on cost. What is the net book value of the machine after one year? A 105,300 B 145,800 C 170,100 D 172,800
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