21.13A account of 372,000 and on provision for depreciation of plant account of 205,400, non-current assets held at the end of the financial year at the rate of 20% per annum. basis, the At the beginning of the financial year on 1 April 2020, a company had a balance on plan The company's policy is to provide depreciation using the reducing balance method applied to the October 2016 at a cost of 36,000. Additionally, installation costs totalled 4,000. During 2018 majo repairs costing 6,300 had been carried out on this plant and, in order to increase the capacity of the On 1 September 2020 the company sold for 13,700 some plant which it had acquired on 31 plant, a new motor had been fitted in December 2018 at a cost of 4,400. A further overhaul costing The company acquired new replacement plant on 30 November 2020 at a cost of 96,000, inclusive 2,700 had been carried out during 2019. of installation charges of 7,000. Required: Calculate: (a) the balance of plant at cost at 31 March 2021 (b) the provision for depreciation of plant at 31 March 2021 (c) the profit or loss on disposal of the plant. (Association of Chartered Certified Accountants)