answers plz

3.a) Define the term depreciation. (2 marks b) Explain the factors that cause depreciation. (3 marks) c) On 1st Jan 2008 Famco transporters Ltd purchased three motor vehicles costing sh. 1,080,000 each. The useful life of these motor vehicles was estimated to be five years with a disposal value of sh.80,000 for each vehicle. The company's normal purchase is to use straight line method of depreciation. One of the motor vehicle was damaged in an accident and was sold on 1 Jan. 2010 for sh.450,000 Required: i. Prepare the Motor vehicles account ii. Prepare provision for depreciation on motor vehicles account iii. Prepare Motor vehicles disposal account (15 marks)