Martha Ltd has a year ended 30th June. On 1st July 2015 the company, owned equipment that originally cost 650,000 and for which accumulated depreciation of 200,000 had been provided. On 4th October 2015 a piece of equipment, which was originally purchased for 95,000 on 1st October 2013, was sold for 18,000. It is the accounting policy of the company to depreciate equipment by 25% using the reducing balance method, charging a full years depreciation in the year of acquisition and none in the year of disposal. (In all calculations use figures to the nearest ) Required a. Write up the Equipment Cost Account, the Accumulated Depreciation of Equipment Account and the Disposals Account for the year ended 30th June 2016. b. State the effect the above matters will have on the profit of the company for the year ended 30th June 2016 and show how the entries for equipment would appear on the Balance Sheet as at 30th June 2016. c. Briefly discuss whether you would expect the net book value of the equipment to be the same as its market value.