Financial Management (1,15)

ANSWER ALL QUESTIONS.

Numerical questions must be answered with TWO DECIMAL POINTS.

Bus Line MACRS Bus Line purchased a double decker bus costs RM380,000, which is classified as 5-year asset class under MACRS. The asset is to be sold in Year 4 for RM120,000. The tax rate is 24% -101 1 Depreciation expenses in Year 2 is RM Type your answer... -101 2 Accumulated depreciation in Year 4 is RM Type your answer... DO 3 The Net Asset Value in Year 5 is RM Type your answer... mo The gain or loss on disposal is RM (If the answer is loss on disposal, include (-) with your answer) Type your answer... -1000 5 The amount of after tax cash flow or tax savings on the disposal is RM Type your