Bb Duration of programme: XX m x Duration of programme: XX mi X Mail Sultan Mohamed Ahmed X M (no ultra/courses/_35546_1/cl/outline Remaining Time: 46 minutes, 33 seconds. Question Completion Status: QUESTION 7 In respect to new production line: The purchase cost of the production equipment already capitalised is confirmed to be 10 million. The production equipment was installed and ready for use in October 2020 however, changes in production plans has meant the equipment was used in production but not to its full annual capacity in the year to 30 September 2021. Additional costs of 2.0 million were incurred to modify the factory floor to accommodate the equipment. Amounts incurred for the installation and testing of the production line was 400,000. The estimated useful life of the production line is ten years with no expected residual value at the end of its economic life. The policy of JJ Victory is to charge depreciation on a straight line basis.. Included in the original purchase price is a significant component valued at 600.000 which will require replacement every four years. Question: What is the charge for depreciation for the year ended 30 September 2021? Oa. 1,000,000 Ob. 1,200,000 Oc. NIL charge for depreciation Od. 1,330,000 Oe. 1,240,000 Click Save and Submit to save and submit. Click Save All Answers to save all answers. QUESTION 8 80 F3 $ 54 OOD FA 3 R 95 % 905 5 0 T 19 F J. 16 a b. G 7 Y 87 & 7 V U Save 11 F8 F9 * 8 HT J - 19 1 21 C. O K