talances at the end of the financial year. 28 February 2022. Equipment R20 000 Accumulated Depreciation R16 000 Adjustment: Depreciation is calculated at 20% p. a. on a diminishing method. An old equipment was disposed for R1 500 cash on 1 December 2021. The equipment originally costed R3 000. The Accumulated lepreciation for previous years is R700. he depreciation for the current year for the disposed equipment is: A. R115 B. R460 C. R345 D. 8575