Calculate the amount of depreciation for;

Warehouse Fixtures and Fittings depreciation is based on 15 years usage and the straight line method (residual value $6 000) , the cost was $42,000, Accumulated depreciation is $15,000

The old Delivery Truck sold on 30 June is depreciated at 20% using the diminishing balance method (residual $8 000), the cost was $65,000, Accumulated depreciation is $47,000.

The new Delivery Truck bought on 30 June is to be depreciated at 25% using the diminishing balance method (residual $10,000), the cost was $74000.