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EX5: On January 1, 2014, Dhofar Corporation purchase machinery at Omr 600000. It decided using the straight-line method of depreciation for this machine and it
EX5: On January 1, 2014, Dhofar Corporation purchase machinery at Omr 600000. It decided using the straight-line method of depreciation for this machine and it an estimated useful life of ten years, with no residual value. At the beginning of 2016, a decision was made to change an estimated life to fifteen years. Compute the amount of depreciation for 2014 & 2016
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