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journal entries for the question plz LILILULUI 3. Refrigerated truck The company owns a refrigerated truck that they use to transport temperature-sensitive raw materials or

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LILILULUI 3. Refrigerated truck The company owns a refrigerated truck that they use to transport temperature-sensitive raw materials or finished products. The truck, which had a carrying amount of R78 540 on 30 September 2020, has been experiencing a significant increase in breakdowns and maintenance costs. . . At 30 September 2020, the accountant had gathered the following information relating to the truck: Fair value as at 30 September 2020: R64 200 Estimated costs of disposal as at 30 September 2020: R2 010 Net cash inflow from continued use of the truck over its remaining R18 000 per annum for three useful life (assume all cash flows are at the end of the year): years Estimated net cash inflow from disposal at 30 September 2023 (end of useful life): R15 000 An appropriate discount rate is 10% per annum

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