What the amount of depreciation charged for the year

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A retailer purchased a delivery van for $21,000 on 1 July 2014. It was planned to keep the van until it had travelled 60,000 kilometres and then trade it in. The expected trade in value as $6,000.

The schedule of actual distance travelled was:

30 June 2015: 20,000 kms.
30 June 2016: 15,000 kms.
30 June 2017: 15,000 kms.
30 June 2018: 10,000 kms.

Problem 1: Using the units of production method the amount of depreciation charged for the year ended 30 June 2018 was

Reference no: EM132672669

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