The following information is extracted from the Statement of Financial Position of Kenyir Sdn. Bhd. As at 31 December 2016. Non-Current Assets Machinery Motor Vehicles Office Equipment Date of Purchase Cost (RM) 3 March 2014 134,000 25 July 2013 267,000 245,000 16 September 2012 Kenyir Sdn. Bhd. purchased the following assets during the year ended 31 December 2017: Non-Current Assets Machinery Date of Purchase 23 March 2017 Motor Vehicles 14 April 2017 Office Equipment 2 July 2017 Cost (RM) RM35,000 (excluding transportation charges of RM1,500) RM85,000 (including painting of business name on motor vehicle RM2,000) RM15,000 Additional Information: Machinery and motor vehicles are depreciated using the straight line method at 20% per 1. annum. 2. Office equipment is depreciated using a reducing balance method at 10% per annum. The company's policy is to calculate depreciation based on the ending balance for the year. 23