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4. A firm bought a machine for RM5,000. The machine is expected to be obsolete in four years with a salvage value of RM1,000. Find

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4. A firm bought a machine for RM5,000. The machine is expected to be obsolete in four years with a salvage value of RM1,000. Find the book value of the machine after three years using the straight line method. 5. Construct a depreciation schedule using the straight line method for a new truck that costs RM60,000 and has a salvage value of RM10,000 at the end of five years

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