Answer:
the monthly depreciation allowance is $27,778
Explanation:
The computation of the monthly depreciation allowance is as follows;
= Purchase value of the factory ÷ (number of months in a year × classified life of non-residental property)
= $13,000,000 ÷ (12 × 39)
= $13,000,000 ÷ 468
= $27,778
Hence, the monthly depreciation allowance is $27,778
we simply applied the above formula
