At 30 September 2019, the following balances existed in the records of Mr. Imran ACCOUNT DEBIT (5) CREDITS: Buildings at cost 94,000 plant and Equipment at cost 34,000 Provision for depreciation: plant and Equipment 6,000 Buildings 1000 You are given the following additional information Buildings is depreciated at 8% per annum using straight line method Plant and Equipment is to be depreciated at 10% per annum using written down value method The amount of depreciation expense on Buildings in the Income Statement for the year ended 30th September, 2019 is: $6,520 $7520 $8.520 59.520 At 30th September 2019, the following balances existed in the records of Mr. Imran ACCOUNT DEBIT (5) CREDITS estion Buildings at cost 94,000 plant and Equipment at cost 34.000 Provision for depreciation: plant and Equipment Buildings 6,000 1,000 You are given the following additional information 0 Buildings is depreciated at 8% per annum using straight line method Plant and Equipment is to be depreciated at 10% per annum using written down value method. The amount of depreciation expense on Buildings in the Income Statement for the year ended 30th September, 2019 is () The Net Book Value of Buildings appearing in the Statement of Financial Position as at 30 September, 2019 will be: $7.520 $85.480 586,480 $94.000