A company has non-current assets with a net book value totaling $820,000 at the start of the year. Assets costing $95,000 was disposed of. These assets were held for three years at a straight-line depreciation rate of 20%. The
depreciation charge for the year was $150,000. If the closing balance for the total non-current assets (át net book
value) at the end of the year was $975,000, what value of new assets were purchased during the year?
Select one:
a. $400,000
b. $343,000
c. $193,000
d. $230,000

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