A company had the following spending on a motor van. Year 1: buying the motor van, $\$80\,000$ Year 2: buying new tyres, $\$2\,000$ Year 2: buying a trailer to be attached to the motor van, $\$10\,000$ Depreciation for all vehicles is $20\%$ on cost. In the year of purchase, a full year’s depreciation is charged. How much depreciation was charged on vehicles in year 2?
- A$\$16\,000$
- B$\$16\,400$
- C$\$18\,000$
- D$\$18\,400$