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A.1 Raya bought a Toyota Tundra on January 1 for OMR 30,000 with an estimated life of 4 years. The residual value of the truck

A.1 Raya bought a Toyota Tundra on January 1 for OMR 30,000 with an estimated life of 4 years. The residual value of the truck is OMR 6,000. (a) Calculate the amount of depreciation (straight- line method of depreciation] (b) Find the rate of depreciation (straight-line method of depreciation] (c) Find the rate of depreciation [Written Value Method] (d) What will be the book value of the truck at the end of year 2

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