PLEASE HELP SOLVE THE DEPRECIATION FOR 2016 BALANCE SHEET, I INCLUDED THE RESULT.

ECHOTRONICS Balance Sheet as at 30 June 2016 (Figs in ) Fixed Assets: Accum Cost Deprectn NBV Plant & Equipment: Motor Vehicles -incl. new 401,050 401,050 802,100 148,250 114,660 262,910 Total: 549,300 515,710 1,065,010 T J Cld CTu,udU UNTOMgom baNKTOCN, ane aDU pala CU,uo wRGnoSt Unarge uN Samo. 15. Depreciation is charged as follows: a. Plant & Equipment: Straight line method@ 10% of cost p.a. b. Motor Vehicles: Reducing Balance Method 25% p.a. 16. On 1st April 2016 the company entered a 12-month PR contract for 72,000. The paperwork has not been finalised, and up to 30n June 2016 no charges have been received from the PR Company, and no payments have been made. The PR services however began on 1st April as agreed. 17. A new delivery van was purchased and fully paid for in January 2016, at a cost of 22,470. EchoTronics Ltd. Balance Sheet as at 30 June 2015 (Figs in ) Fixed Assets: Accum At Cost NBV Deprectn Plant& Equipment: 802,100 320,840 481,260 Motor Vehicles 240,440 110,030 130,410 Total: 611,670 1,042,540 430,870