Vinny is expanding his electrical components business. During his accounting year ending 31 December 20X6 he buys new machinery as follows:

# On 1 April a machine costing £10 300. The estimated useful life is five years, after which point Vinny expects that it will have a nil value.

™ On 1 October a machine costing £8580. The estimated useful life is four years, and Vinny expects the machine to fetch £2000 on the second-hand market when the time comes to dispose of it.