On October 1, 2011, Mazaya Company places a new asset into service. The cost of the asset is R.0.80,000 with an estimated 5-year life and R0.000 residual value at the end of its useful life. What is the depreciation expense for 2011 if Mazaya Company uses the straight-line method of ?depreciation a. R.0.8,000 b.R.O.3.000 c R.0.16,000 d. R.0.4.000