Moving to another question will save this response. Question 12 In January 2009, Rashed enterprises purchased equipment for 710,000 and was estimated to have a useful life of determined that the equipment is of lower quality and there was a change of estimates accordingly. The useful site are in AED) (5 Marks) Required A Compute the depreciation expenses for 2020 (1 mark) IL Show the journal record for 2020 (1 mark) C. Explain three factors involved in the depreciation process (3 Marks) Question 12 of 15 5 points 14 years with a residual value of 10,000. At the end of 2019, it was is now estimated to be 15 years with 10,000 residual value. (A figures