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6 Question 4 The following information is available for RSK Ltd for the year ended 31 December 2020: Motor vehicles at cost on 1 Janua 2020 Accumulated de reciation on motor vehicles at 1 Janua 2020 32,900 7,870 On 1 July 2020 a motor vehicle which had originally cost Ell ,000 and with accumulated depreciation of E7 ,230 as at 1 January 2020 was crashed. E3, 120 was received from the insurance company and E700 was received from the sale of the motor vehide as scrap. RSK Ltd charges depreciation at 10% straight line basis on a proportional basis from the time of purchase to the time of disposal. Required: With reference to IAS 16, Propeny Plant and Equipment, prepare the following ledger accounts for RSK Ltd, as at 31 December 2020. a) Motor Vehicles Cost Account [3 marks] b) Motor Vehicles Accumulated Depreciation Account [11 marks] c) Motor Vehicles Disposal Account [6 marks] [Total 20 marks]