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Assume that Sohar traders purchased a Truck for OMR 15000 on 31st December 2015. The expected salvage value after its five years useful life is

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Assume that Sohar traders purchased a Truck for OMR 15000 on 31st December 2015. The expected salvage value after its five years useful life is OMR 1000. Calculate the amount of depreciation to be charged on truck for the year 2020 by following Diminishing-Balance Method. a. OMR 777.6 b. None of the given options c. OMR 444 d. OMR1296

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