QUESTION 1 (25 MAIO The information below was extracted from the book of Moe December 2017: of Mega Trump Sdn. Bhd. on 31 Plant & Machinery Cost RM299,000 RM202,000 Office Equipment RM76,800 RM54,900 Book Value The following transactions occurred during the year 2018: i. Office equipment bought on 30 June 2016 at the cost of RM15,600, was RM9,900. Sales transaction occurred on 2 February 2018. 16 at the cost of RM15,600, was sold at A new labelling machine was bought on 14 March 2018 at RM23,000. Next, on 21 March 2018, an old labelling machine bought on 12 January 2015 at RM30,000 was exchanged with a printing machine at an agreed exchange value of RM25,600. The balance is cleared by cash. The price of the printing machine is RM26,000. It has been stated that plant and machinery will be depreciated at the rate of 18% annually using the reducing balance method and office equipment at 10% annually using the straight line method. Depreciation is calculated fully in the year of sales and no depreciation is calculated in the year of purchase