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Earth Traders acquired machinery on 1 September 20.16 for an amount of R250 600. The current financial period of Earth Traders ends on 28 February

Earth Traders acquired machinery on 1 September 20.16 for an amount of R250 600. The current financial period of Earth Traders ends on 28 February 20.19. According to Earth Traders accounting policy, the depreciation on machinery is provided using the unit of production method over the useful life of 5 years according to the following production schedule:

Year 1

Year 2

Year 3

Year 4

Year 5

Expected unit of production

8 000

13 000

13 500

9 000

9 000

Actual units produced

7 500

12 000

14 500

N/A

N/A

The amount for depreciation to be shown in the statement of profit or loss and other comprehensive income for the year ended 28 February 20.19 will be (Round off your final answer to the nearest Rand)

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