The following balance sheet extract was obtained from the books of Shamu Ltd as at December 31, 2021: Land and building

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The Following Balance Sheet Extract Was Obtained From The Books Of Shamu Ltd As At December 31 2021 Land And Building 1 (38.24 KiB) Viewed 28 times

The following balance sheet extract was obtained from the books of Shamu Ltd as at December 31, 2021: Land and building Fixtures and fittings Machinery and equipment Motor vehicle Long term investment 2020 Cost Depin NBV 550.000 35,000 515.000 340,000 28.000 312.000 450,000 45000 405,000 395.000 (29.500) 365,500 180.000 2021 Cost Depºn NBV 640,000 (64.000 576,000 490,000 35,600 454,400 $20,000 60.000 460.000 440.000 (36,700) 403,300 250.000 It was ascertained that during the year, equipment costing $45,000 with a book value of $28,000 was sold at a loss of $6,000. Additionally, the building was revalued by $50,000. How much is to be shown in the cash flow statement as depreciation charges for the year? a $75,800 b. $27.800 c. $5,800 d. $41.800