Question 8

Roboflex uses the double declining method of depreciation to write down its property, plant and equipment. A 3D printing machine, that orginally cost 90,000 on 1st January 2021, has an estimated useful life of 5 years. How much depreciation should be charged to the income statement during the financial year ended 31st December 2023?

12.960

19,440

32.400

21,600

Roboflex uses the double declining method of depreciation to write down its property, plant and equipment. A 3 D printing machine, that orginally cost $90,000 on 1st January 2021, has an estimated useful life of 5 years. How much depreciation should be charged to the income statement during the financial year ended 31st December 2023? E12,960 619.440 E32.400 f21.600