- The Moulan Ltd Has Provided The Following Balance Sheet Extract For 2021 Land And Building Fixtures And Fittings Machin 1 (128.33 KiB) Viewed 39 times
The Moulan Ltd has provided the following balance sheet extract for 2021: Land and building Fixtures and fittings Machinery and equipment Motor vehicle Long term investment 2020 Cost Depºn NBV 450.000 (21,250) | 428,750 310,000 (25,500) 284,500 285,000 (39,500 245,500 270.000 (22,250) | 247,750 240.000 2021 Cost Depn NBV 590,000 (36,750 | 553,250 385,000 (37,750) 347,250 410,000 (51,250) 358,750 390.500 (38,100)| 352.400 185.000 Revaluation reserves 25,000 65.000 It was noted that equipment costing $40,000 with a book value of $28,000 was sold at a gain of $5,000. How much is to be shown in the cash flow statement as depreciation charges for the year? a. $83,350 O b. $55,350 O c. $43,350 d. $67,350