G Question 2 Equipment was purchased by VW Traders on 1 March 2013 for N$25 800 cash The expected economic life of the equipment is 5 years and the expected residual value at the end of 5 years is N$800. The financial year of the business ends on the last day of February each year Required Calculate the depreciation per annum using the straight line method and complete the table with the necessary values. [15 marks] Cost Price End of financial year Annual Depreciation (NS) Accumulated Carrying Value Depreciation (NS) (N5) 28 Feb 2014 NS25 800 N$25 800 28 Feb 2015 28 Feb 2016 N$25 800 28 Feb 2017 N$25 800 NS25 800 28 Feb 2018