On March $10,2023,$ Peari Limited sold equipment that it bought for $$192,000$ on August $20,2016.$ It was or iginally sestimated that the equipment would have useful life of $12$ years and a residual value of $$16\mathrm{.}800$ at the end of that time, and depreciation has been calculated on that basis. The company uses the straight$-$line method of depreciation and prepares its financial statements under IPRs

$($a$)$

Vour answeris partialy correct.

Calculate the depreciation charge on this eqtipment for $2016$ and $1$ ior $2023$ and the total charge for the period from $2017$ to

Depreciation is calculated for the full yeer bo the lenuerv thatanco in the asect account

Depreciation is calculated for the full year on the December $31$ betence in the ssset account the beginning of the month following the dilposes.