Use the following information to answer the questions below

31.12.19 Cash Inventory Investments Equipment Accumulated Depreciation on Equipment Capital Goodwill 01.01.19 RC=MV 30,000 50,000 100,000 300,000 (150,000) 150,000 20,000 Replacement cost (RC) 75,000 N.A. Market value (MV) 100,000 110,000 200,000 The Consumer Price Index was 100 at the start of the year and 108 at the end of the year. Equipment is depreciated at 10% per annum with no residual value. At the start of the year, it had been depreciated by 5 years. Required b Using exit price accounting, calculate: i.) the value Of total assets at 31 December 2019. the price level adjustment for 2019. Using current cost accounting, calculate: i) Depreciation expense on equipment for 2019 ii) Back-log depreciation on equipment for 2019. 3 marks 2 marks 2.5 marks 2.5 marks