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machinery was sold on 1 September 2021 for $120500 Required Calculate the 1. decline in value deductions available to Dragon for each year the machinery

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machinery was sold on 1 September 2021 for $120500 Required Calculate the 1. decline in value deductions available to Dragon for each year the machinery was held ( 3 marks) 2. balancing adjustment upon disposal and state the relevant section involved ( 4 marks) machinery was sold on 1 September 2021 for $120500 Required Calculate the 1. decline in value deductions available to Dragon for each year the machinery was held ( 3 marks) 2. balancing adjustment upon disposal and state the relevant section involved ( 4 marks)

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