A machine was acquired for £160,000 on 1 July 2007 and another for £200,000 on 1 January 2010. The economic life of each machine is estimated at four years and the residual value 10% of cost. Machinery is depreciated using the sum of the years’ digits method. The depreciation for the year to 31 December 2011 would be:

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a £54,000 b £62,000 c £61,200 d £68,400