26.3 A car costs 12,000. It will be kept for three years, and then sold for 3,000. Calculate the depreciation for each year using (a) the reducing balance method, using a depreciation rate of 35 per cent, (b) the straight line method. 26.4A A photocopier costs 23,000. It will be kept for four years, and then traded in for 4,000. Show the calculations of the figures for depreciation for each year using (a) the straight line method, (b) the reducing balance method, for this method using a depreciation rate of 35 per cent. 26.5A A printer costs 800. It will be kept for five years and then scrapped. Show your calculations of the amount of depreciation each year if (a) the reducing balance method at a rate of 60 per cent was used, (b) the straight line method was used. 26.6A A bus is bought for 56,000. It will be used for four years, and then sold back to the supplier for 18,000. Show the depreciation calculations for each year using (a) the reducing balance method with a rate of 25 per cent, (b) the straight line method. 26.7 A company which makes up its financial statements annually to 31 December, provides for depreciation of its machinery at the rate of 12 per cent per annum using the reducing balance method. On 31 December 2015, the machinery consisted of three items purchased as shown: f On 1 January 2013 Machine A Cost 4,000 On 1 September 2014 Machine B Cost 7,000 On 1 May 2015 Machine C Cost 2,000 Required