C. Hassan, a sole proprietor, purchased a delivery van on 1 March 2024 for £11,360 and some new equipment on 1 September 2024 for £7,000.

He expects that the van will have a useful life of four years, after which it should have a trade-in value of £2,000. The scrap value of the equipment after ten years’ use is estimated to be £1,000. Hassan charges depreciation using the straight-line method.

Required:

What should the depreciation expense be in relation to these two items for Hassan’s financial year ended 30 November 2024 assuming that:

(a) he charges a full year’s depreciation in the year of purchase and none in the year of sale

(b) he charges depreciation on a monthly basis.