On 1 July 2015, Chadstone Ltd purchased a motor vehicle which is estimated to have a $6000 residual value and a useful life of 4 years. On 1 July 2017, the company purchased plant and equipment which is estimated to have a residual value of $10 000 and a useful life of 4 years. The following is an extract from the balance sheet showing the carrying amounts of these assets at 30 June 2018:

Chadstone LTD Balance sheet (extract) as at 30 June 2018
	NON-CURRENT ASSETS Property, plant and equipment: Plant and equipment (at cost) Less: Accumulated depreciation	$	90 000 20 000		$	70 000
	Motor vehicle (at cost) Less: Accumulated depreciation		30 000 18 000			12 000
					$	82 000

Required

A. For each asset, calculate the percentage of useful life expired.

B. What decisions will management need to make in the next financial year?

C. Prepare the journal entries to record depreciation expense at 30 June 2019.

D. Prepare an extract from the balance sheet at 30 June 2019 (assuming no new assets have been purchased).