RP&A purchased some non-current assets four years ago at a cost of €19,800.It no longer needs these assets so are going to sell them today at a price of €3,500.The assets have been depreciated using 20% reducing balances.What is the current book value of these assets?

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The Answer of RP&A purchased some non-current assets four years ago at a cost of €19,800.It no longer needs these assets so are going to sell them today at a price of €3,500.The assets have been depreciated using 20% reducing balances.What is the current book value of these assets?

RP&A Purchased Some Non-Current Assets Four Years Ago at a Cost