plz answer

TASKS Task A Below is an extract from the accounts for the year ended 30 September 2020 for Mr Banko Tango, a sole trader who has been in business for the past ten years. Bank Balance Capital Credit Sales Drawings Electricity and Gas Plant and Machinery at Cost Loan due for Repayment 21.10.2025 Loan Interest paid Motor Vehicles at Cost Motor Vehicles Expenses Opening Inventory Purchases 15,200 135,000 600,000 31,500 8,300 152,250 202,000 16,000 42,000 12,400 31,500 256,100 TASKS Task A Below is an extract from the accounts for the year ended 30 September 2020 for Mr Banko Tango, a sole trader who has been in business for the past ten years. Bank Balance Capital Credit Sales Drawings Electricity and Gas Plant and Machinery at Cost Loan due for Repayment 21.10.2025 Loan Interest paid Motor Vehicles at Cost Motor Vehicles Expenses Opening Inventory Purchases 15,200 135,000 600,000 31,500 8,300 152,250 202,000 16,000 42,000 12,400 31,500 256,100 Additional information: The Motor Vehicles and plant and Machinery need to be depreciated. i. ii. Motor Vehicles will be depreciated at 25% reducing balance. Plant and Machinery will be depreciated over eight years. 1. Calculate the annual depreciation that should be charged to the Statement of Profit or Loss (Income Statement) for Mr Banko Tango for the year ended 30 September 2020. (5 marks) 2. What are the carrying amounts of the non-current assets that will be shown in the Statement of Financial Position at 30 September 2020? (5 marks) (Total Marks 10)