BioTech Limited has three non-current assets shown in the table below. The company uses straight line depreciation method for its non-current assets. Asset Purchase Date Depreciation Rate Original Value Buying Price 31/12/18 Selling Price 31/12/18 Equipment 1/1/22 10% 300,000 330,000 275,000 Land 1/1/18 N/A 200,000 250,000 260,000 Vehicle 1/1/22 20% 100,000 80,000 70,000 REQUIRED: 

A. Calculate depreciation on the vehicle for the year 2022 using: a. Current Cost Method b. Exit Pricing Method 

B. Calculate the carrying amount of each of the assets as at 31/12/22 using: a. Historical Basis b. Current Cost c. Exit Pricing