Consider the following information:Cost of machine R$80000$Purchased $1$ January $2022$Estimated residual value at the end of its useful life R$20000$Estimated useful life $4$ yearsRequiredCalculate the depreciation charge for the year ending $31$ December $2022.$ Answer: R Answer $1$ Question $22$Note: ONLY enter the amount $[$do not show your calculation, and do not make use of spaces, full$-$stops, commas, minus $(-)$ or R$-$signs$].$ Example: $74550$