(a) Explain TWO (2) factors of depreciation. (6 marks) (b) Original cost of motor vehicle Estimated useful life Estimated residual value RM780,000 10 years RM80,000 REQUIRED: Calculate the annual depreciation charge using the straight-line method. (4 marks) (b) Silverfox Sdn Bhd. purchased a machinery for RM45,000 on 1 January 2016. Calculate the depreciation charged for 2016, 2017, 2018, 2019, and 2020 using reducing balance method at 15% depreciation per year. REQUIRED: Prepare the relevant table that show: i. The total cost (1 marks) ii. Depreciation charged (3 marks) iii. Accumulated depreciation (3 marks) iv. Net book value of the asset