Plant Assets and Depreciation

Angela purchased a machine for her business on $1$ March $201$ for $$12,000.$ She incurred

additional costs for transportation of $$1,300$ and installation of $$2,000.$ Shortly after she

started to use the machine, it broke down and the repairs of the machine cost $$600.$ Angela

charges depreciation at $10\%$ per annum on straight line basis with a full year's charge in the

year of acquisition.

Required:

Calculate the correct net book value of the machine at the year$-$end date of $31$ December

$201.$

$(10$ marks$)$