4. Regal Company acquired a delivery truck on 2009 January 2, for TZS 1,072,000. The tr uck had an estimated salvage value of TZS 48,000 and an estimated useful life of eigh t years. At the beginning of 2009, a revised estimate shows that the truck has a remaini ng useful life of six years. The estimated salvage value changed to TZS 16,000. Required: Compute the depreciation charge for 2009 and the revised depreciation charge for 200 9 using the straight-line method. 5. Alan Gulamu owns a picture framing business. Write a memorandum to Alan Gulamu advising him in which section of statement of financial position the following items sh ould appear, giving detailed reasons for your choice a) Cost of new machinery purchased b) Drawings for the year c) Stock of frames for resale d) Prepayments of two months rates e) Net profit for the year 11/19/2020 1:12:33 PM Page 1 of