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Question 3: Depreciation Boatan Company is a middle size manufacturing company located at Jalan Kelang. The company just purchased an intelligent robot for its manufacturing

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Question 3: Depreciation Boatan Company is a middle size manufacturing company located at Jalan Kelang. The company just purchased an intelligent robot for its manufacturing line for RM540000 from Germany. The RM540000 inclusive of the transportation cost of RM40000 and import duty cost of RM110000. Since the robot is unique in its capabilities, the company paid RM50000 to an expert to teach its staff on how to operate the robot. In addition the company spends RM16000 per year in the maintenance and operation of the robot. The robot is expected to be used for 6 years with an estimated salvage value of RM81000 at the end of its useful life. Format a) Determine the cost basis of the robot purchased. : 680000 Format b) Straight Line depreciation method. Determine the DEPRECIATION at Year 3 38428 Format c) Straight Line depreciation method. Determine the BOOK VALUE at Year 3 : 853204 Format d) Declining Balance method. Determine the DEPRECIATION expense at Year 3 : 72757 e) Declining Balance method. Determine the BOOK VALUE at Year 3 Format 968702

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