Solve all question :a,b,c and d

1. Muscat Bakery purchased, on 1 January 2020, a machine for producing plastic buckets. The machine cost OMR 88,000 and was estimated to have a eight-year life with a residual value of OMR 8,000 . The company plans on using one out of the two most important methods of deprecation which are straight line \& Written down value methods. The CEO wants to decide on which method based on a few calculations that he asks you to perform which are given below. Prepare the required calculations to help the CEO arrive at a final decision. Required (a) Prepare a table of depreciation and net book values over the eight-years using straight-line depreciation. (b) Prepare a table of depreciation and net book value over the eight years using reducing-balance depreciation. (c) Using the straight-line method of depreciation, show the effect of selling the asset at the end of Year 5 for a price of OMR 50,000. (d) Using the reducing balance method of depreciation, demonstrate the effect on disposing the asset at the end of Year 6 for OMR 9,000