It has an expected useful life of six years, and an expected residual value of $1,000. It is to be depreciated at 30 per cent per annum on the reducing—balance basis. A full year's depreciation is charged in the year of purchase, with none in the year of sale. During year 4, it is sold for $3,000. The profit or loss on disposal is:
Answer is $ 87
Machanla meh gana hadana widiya poddak kiyanna

Answer is $ 87
Machanla meh gana hadana widiya poddak kiyanna

