A business has total fixed costs in the current year of $100,000, made up of $30,000 depreciation, interest costs of $10,000 and $60,000 cash costs.

Its non-current assets appear in the accounts at cost of $300,000, with an aggregate depreciation of

$90,000. In the course of the next year it expects to acquire new assets amounting to $100,000, but will dispose of an asset which had cost $50,000, and which it had depreciated by $30,000, for $30,000.

Next year the increase in cash costs is expected to be 5%. Depreciation is to be 10% straight line.

(a) Estimate the total fixed costs for the next year.

(b) Summarise the workings for the non-current assets for the next year.