Answer:
=$33,000
Explanation:
Depreciation amount is the expense to be charged to the to profit and loss account every year. It calculated by first deducting the salvage value form the cost of the item.
For marla,
Depreciable amount is cost - residual value
=$200,000 - $ 35,000
=$165,000
The depreciation rate will be 1/5 x 100
=20 percent
The straight-line depreciation rate per year will be
=20/100 x 165,000
=0.2 x 165,000
=$33,000
