1. Hoor bought an industry level blow dryer for her spa at $2000. It has a depreciation rate of 15%. Hoor has noticed that the machine has a useful life of 5 years. Calculate the salvage value.

2. Hoor owns a spa. She found an treadmill that she wants to use for her business. Unfortunately, she was in a robbery and does not know what she paid for it. She took it in for evaluation at a local dealer and was told that the treadmill is currently valued at $1750 and should have a depreciation rate of 18% per year. She had this asset for 6 years now and has asked you to help calculate the original cost of her asset in order for her to add it to her books.

3. Ali Motors purchases a vehicle on 01 June 2016 at 6000KD. The vehicle has a useful life of 5 years and a depreciation rate of 20% per annum. a. Calculate the depreciation expense for the year ending 31 December 2016,2017,2018,2019 and 2020,2021