A trader depreciates his vehicles at 40% per annum using the reducing balance method, with time proportionate depreciation in the year of acquisition. In addition to vehicles acquired on 1 July 2010 for R180 000, he acquired a vehicle on 1 May 2011 for R60 000. His depreciation for year ended 31.12.2011 will be_____.
Select one:
a. R81 600
b. R73 600
c. R83 200
d. R59 200
"144000\\times0.4=57600"
"60000\\times0.4\\times\\frac{8}{12}=16000"
"57600+16000=73600"
b. R73 600
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