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ammanaar The First Alimousine was bought on 1st January of 20x1 at a cost of 13.500 . The useful life was estimated to be 5

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ammanaar The First Alimousine was bought on 1st January of 20x1 at a cost of 13.500 . The useful life was estimated to be 5 years with a residual value of 1,500 What are the depreciation charge and the net book value on December 31st, using the sum of digits method? Year Gross value Depreciation for the year Accumulated depreciation NBY Timele 149 20% 13500 2002 13500

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