(a) Define depreciation. (b) Discuss TWO (2) factors that influencing of depreciation. (3 marks) (6 marks) (c) McSoo is the owner of Gambang Motorsport Sdn Bhd in Pahang. His company owns various types of vehicles, including one 3-ton box truck worth RM35,000 and a car-carrier lorry worth RM75,000. Both were bought on 10 January 2017. McSoo plans to use the truck for five years and then sell it for RM10,000. He is also going to depreciate the lorry at 20% per annum. At the end of the accounting year, which is on 31 December, he agreed to depreciate the truck by using the straight line method and lorry by using the reducing balance method. REQUIRED: Calculate the both vehicle from 2017 to 2020 as follows: I. The depreciation cost. (4 marks) II. Accumulated depreciation. (4 marks) III. Net book value for both vehicles from 2017 to 2020. (8 marks)