Part two: Answer the following questions and Show your steps clearly! 6. A Loader is purchased for Birr 1,500,000 and the assumed life is 6 years and scrap value Birr 250,000 birr. If the depreciation is charged by diminishing Balance method, A. Calculate the percentage by which value of the Loader is reduced every year and depreciation fund after 3 years. (10pts) B. If a major component is changed for 250,000 birr after 3 years what will be the new rate of depreciation for the next three years?(15 pts)