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The following information has been extracted from Triage Co's trial balance: Plant and equipment - cost Plant and equipment - accumulated depreciation $72,100 $28,100 Included
The following information has been extracted from Triage Co's trial balance: Plant and equipment - cost Plant and equipment - accumulated depreciation $72,100 $28,100 Included within the cost is an item of equipment that was purchased for $10,000 on 30 September 20X5 Traige Co's notes to the financial statements reveal that depreciation is charged at 15% per annum on a reducing balance basis, time apportioned in the years of acquisition and disposal. In accordance with IAS 16 Property, Plant and Equipment, what is the depreciation charged to Triage Co's statement of profit and loss in respect of the plant and equipment for the year ended 31 March 20X6
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