21.5A A printer costs 800. It will be kept for five years and then scrapped. Show your calculations of the amount of depreciation each year if (a) the reducing balance method at a rate of 60 per cent was used, (b) the straight line method was used. 21.6A A bus is bought for 56,000. It will be used for four years, and then sold back to the supplier 10000 .. ation calculatione for certain assets. ut Tuulily balance method of depreciation 21.11A C. Harvey, a sole trader, purchased a delivery van on 1 March 2020 for 11,360 and some new equipment on 1 September 2020 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. Harvey charges depreciation using the straight-line method. Required: nat should the depreciation expense be in relation to these two items for Harvey's financial year ended 30 November 2020 assuming that: charges a full year's depreciation in the year of purchase and none in the year of sale. (6) He charges depreciation on a monthly basis