Accounting · Depreciation Accounting
A machine was purchased for 900,000. It has three major components: Component A (useful life 5 years, cost 300,000), Component B (useful life 9 years, cost 450,000), and Component C (useful life 15 years, cost 150,000). Components A and B are depreciated using the straight-line method, while Component C is depreciated using the reducing balance method at 20% per annum. What is the total depreciation charge for the machine in Year 2?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1125,000
- 2134,000✓
- 3112,000
- 4150,000
Correct answer
134,000
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