An assert was purchased on 1st July 2017 for a cash price of MYR 205,000. It is a policy of the business to depreciate its asset using the reducing balance method at the rate of 15% per annum on a yearly basis. Calculate the asset’s net book value on 31st December 2019, assuming that the business closes its account on that date.   Select one: a. MYR 174,250 b. MYR 125,895.63 c. MYR 137,004.06 d. MYR 125,960.50

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