Question 3 A company has a vehicle that cost 54000 It has a useful life of years and a residual value of The company uses STRAIGHT LINE depreciation the assets was sold at the end of year 4 for 10000 (dec 31st 2020) make the appropriate entry to record the disposal of the asset. Part B) Fill in the chart and record the disposal of the asset if the company uses DECLINING BALANCE Depreciation \begin{tabular}{|r|l|l|l|l|l|l|l|l|l|l} \hline Year & opening balance & Deprectiaion expense & Acc. To date & NBV \\ \hline 1 & & & & & \\ \hline 2 & & & & & \\ \hline 3 & & & & & & \\ \hline 4 & & & & & \\ \hline 5 & & & & & \\ \hline \end{tabular} Record the Disposal of the Asset for 10000 at the end of year 4 4 marks