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A company has different depreciation policies for different classes of asset. The depreciation policy for machinery is to apply the straight line method with an
A company has different depreciation policies for different classes of asset. The depreciation policy for machinery is to apply the straight line method with an estimated useful life of years. The depreciation policy for delivery vehicles is to apply reducing balance method at 20%. The company buys a machine for and estimates its residual value at . What is the total depreciation charge after three years have elapsed from the purchase date? Choose the correct answer: A.pound 5136 B.pound 3995 C.pound 2853 D.pound 3805
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