Description: You had prepared an Asset Register in your Assessment Task1 of this unit of competency. In this task you will identify depreciation rules, methods and depreciation amounts for the non-current (fixed) assets and enter in the Asset Register. Depreciation rules are based on depreciation guidelines published by the Australian Taxation Office (ATO) and must be referred to accurately complete the given tasks. Continuing with the same role and organisational context as in the previous task, complete the following tasks in accordance with company's relevant policies and procedures. Part A Fixed assets are recognised as having a useful working life before becoming worn out or obsolete. The limited life of these assets is recognised by depreciating them over the estimated period of time. For this assessment task, you will need to visit Australian Taxation Office (ATO) website and download information regarding depreciation rules and relevant legislations. Use the information to complete the following tasks. Using the information completed in Assessment Task1, Calculate depreciation of all non-current (fixed) assets in the Asset Register Assuming that the asset will either be written off, traded or upgraded at the end of the depreciation period, workout an appropriate disposal value