Ezweni Limited is considering replacing its old grinding machine with a new technologically advanced grinder. The new grinder will cost R120000 including installation costs. If the new grinder is depreciated over 3 years straight line, what will be the carrying amount of the grinder if Ezweni Limited decides to sell the grinder at the end of the second year of its use ?

Answer rating: 100% (QA)

Depreciation on grinder 120000 3 years 40000 per year de... View the full answer