=+9. Cathode pIe has 2 divisions. The managing director has told the divisional managers that a bonus will be paid to the more profitable division. However, absolute profit as conventionally computed will not be used. Instead the ranking will be affected by the relative investments in the 2 divisions. Both of the managers have now written to claim the bonus. The following data are available:

Assets at Assets at Net income after Division Electrolysis Ergometer original cost f

380000 250000 net book value f

190000 125000 The company's cost of capital is 10% per annum.

Required:

depreciation f

46000 32000