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On 1 January 20.1 SA Traders purchased office equipment for R80 000. The financial year-end of SA Traders is 31 December. Calculate the accumulated depreciation

On 1 January 20.1 SA Traders purchased office equipment for R80 000. The financial year-end of SA Traders is 31 December. Calculate the accumulated depreciation for 20.3 by using the straight-line method at 20% per annum. Instructions for numeric response: 1. Use a full stop to indicate any decimals (eg: 1000.01) 2. Round off to the second decimal after the full stop (eg: 50.56) 3. Only show the amount, do not show the "R" (eg: 1000.01)

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