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A company bought a machine on 1 January 2020 for RM170,000. It is expected to last for 10 years and then be sold for scrap

A company bought a machine on 1 January 2020 for RM170,000. It is expected to last for 10 years and then be sold for scrap for RM10,000. Usage over the next 10 years is expected to be:

Year ..........................Number of days 

1..........................................300 

2.........................................300 

3. ........................................300 

4...........................................300 

5...........................................250 

6...........................................250 

7...........................................250 

8..........................................250 

9...........................................250 

10..........................................250 

Total......................................2,700


Required: 

Calculate the depreciation to be charged for Year 2020 under the following methods. (Show all relevant workings) 

(a) Straight line method 

(b) Reducing balance method at 30% 

(c) Machine hours method 

(d) Sum-Of-Digits method

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