Gateway owns three trucks acquired as stated below. They depreciate their trucks at 25% per year, using the reducing balance method and time apportioning in the year of acquisition. What will be the depreciation to be written off in the Statement of income for the year ended 31 December 2011?

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Date Cost 1.7.2008 £48,000 1.1.2009 £36,000 1.4.2011 £60,000