$1.$ A vehicle is bought for $$28,000$ and has a life of $4$ years. Using the reducing balance

method $($a $30\%$ charge is to be made each year$)$ calculate the book value of the vehicle

at the end of every year.

Year Depreciation $($amount $*\%)$ Book Value $($Total $-$ Depreciation$)$

$1$

$2$

$3$

$4$