Question: 26.2 A machine costs 8,000. It will be kept for five years, and then sold for an estimated figure of 2,400. Show the calculations of

26.2 A machine costs 8,000. It will be kept for five years, and then sold for an estimated figure of 2,400. Show the calculations of the figures for depreciation (to nearest ) for each of the five years using (a) the straight line method, (b) the reducing balance method, for this method using a depreciation rate of 20 per cent. 26.3 A car costs 9,600. It will be kept for three years, and then sold for 2,600. Calculate the depreciation for each year using (a) the reducing balance method, using a depreciation rate of 50 per cent, (b) the straight line method. 26.4A A photocopier costs 23,000. It will be kept for four years, and then traded in for 4,000. Show the calculations of the figures for depreciation for each year using (a) the straight line method, (b) the reducing balance method for this method using a depreciation rate of 35 per cent 26.2 A machine costs 8,000. It will be kept for five years, and then sold for an estimated figure of 2,400. Show the calculations of the figures for depreciation (to nearest ) for each of the five years using (a) the straight line method, (b) the reducing balance method, for this method using a depreciation rate of 20 per cent. 26.3 A car costs 9,600. It will be kept for three years, and then sold for 2,600. Calculate the depreciation for each year using (a) the reducing balance method, using a depreciation rate of 50 per cent, (b) the straight line method. 26.4A A photocopier costs 23,000. It will be kept for four years, and then traded in for 4,000. Show the calculations of the figures for depreciation for each year using (a) the straight line method, (b) the reducing balance method for this method using a depreciation rate of 35 per cent
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