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Question 18 Not yet answered Marked out of 1.00 P Flag question 4. C5. A company has two non-current assets. Details are as follows: Asset

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Question 18 Not yet answered Marked out of 1.00 P Flag question 4. C5. A company has two non-current assets. Details are as follows: Asset Date acquired Cost (RM) Depreciation method Residual value (RM) 2,000 1 Jan Year1 20,000 Straight line 5 years life 1 Jan Year 1 40,000 Reducing balance, 1,000 rate 20% What is the depreciation charge for the year ended 31 December Year 2? Select one: a. RM8,000 O b. RM4,000 O c. RM6,400 O d. RM10,400

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