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Q5: The following table shows the cash flows relating to Project Nise: Year Cash flow 0 42143 1 35185 2 15884 3 22902 4 37164 The cash flow in Year 0 relates to the purchase of a specialised piece of equipment, which will attract a further 843 towards delivery and installation. The asset will have a 6443 residual value at the end of its useful life. The company uses the straight-line method of depreciating its assets. The required rate of return by the company's shareholders is 8% per annum. What The annual depreciation charge (to the nearest ) for the machinery is: