The data below concern the motor vehicles of a business. Net book value on 1 January 2018 stood at $398\,000, and on 31 December 2018 it stood at $480\,000. The following took place during 2018. 1. Extra motor vehicles with a cost of $195\,000 were bought. 2. A motor vehicle (original cost $80\,000) was disposed of for $24\,000, making a profit of $2000. What was the depreciation charge for 2018?
- A$87\,000
- B$89\,000
- C$91\,000
- D$113\,000