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d .00 The depreciation rate for motor vehicles is 15% per annum calculated on cost. A motor vehicle which was bought 3 years ago has

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d .00 The depreciation rate for motor vehicles is 15% per annum calculated on cost. A motor vehicle which was bought 3 years ago has a carrying (book) value was $82,500. What is the cost of the motor vehicle? Select one: O a. $111.920 O b. $150,000 c. $100,000 O d. $130,080 red Ereka Trading owns machinery that costs $60,000. It is the policy of the business to charge depreciation over its useful life of 5 years. At the end of its useful life, it is estimated that its residual value is $4,000. What is the depreciation charge during the year? 1.00 ion Select one: a. $11,200 b. $800 c. $12,000 d. $12,800 A method that allocates an equal portion of the total depreciable cost for an item of property, plant and equipment to each unit produced is called: 0 Select one: a. Straight-line depreciation. o b. Units-of-production depreciation. c. Declining balance depreciation. O d. Accelerated depreciation ed A company purchased a delivery van for $23,000 with a residual value of $3,000 on September 1, Year 1. It has an estimated useful life of 5 years. Using the straight-line method, how much depreciation expense should the company recognize on December 31, Year 1? ..00 on Select one: a. $1,533 o b. $4,000. O C. $1,333 d. $1,000 A depreciation method that produces larger depreciation expense during the early years of an asset's life and smaller expense in the later years is a(an): Select one: a. Straight-line depreciation method. b. Accelerated depreciation method. c. Units-of-production depreciation method. d. Carrying amount depreciation method

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