QUESTION 4 [15 MARKSI Excel Supplies purchased a new machine amounting RM28,960. The machine will be used for the next 5 years and then will be sold for RM10,000. You are required to: a) Compute the depreciation for each year using the straight line method. [5 marks] b) Compute the depreciation for each year using the reducing balance method at 13%. [5 marks] c) Describe the differences between bad debts and bad debts written off. [5 marks]