Mr Bendwood acquired the following Vehicles for his business: Vehicle # 356 on January 14, 1996 $2,100,000 # 258 on January 31, 1997 3,600,000 # 124 on May 5, 1997 2,400,000 # 347 on October 19, 1997 5,400,000 # 546 on February 24, 1998 2,500,000 Vehicle # 258 was sold on September 1998 for $2,000,000, while vehicle # 356 was sold on December 20, 1998 for $1,500,000. The financial year ends on 31st December, and the method of depreciation is the straight-line basis over five years assuming a nil scrap value. The policy is that a full years depreciation in the year of purchase is to be made, but there is to be no depreciation in the year of disposal. Required: Write up the asset account (Motor Vehicles) from 1996 to 31st December 1998, depreciation account, from 1996 to 31st December 1998, and the disposal account in 1998.