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Use the Information Below to Answer the Following Questions:
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question 38

Multiple Choice

Use the information below to answer the following questions:
The following information is taken from the accounts of Ray Ltd.
$ Motor vehicles, 1 January 2012 620000Motor vehicles, 31 December 2012 740000Accumulated depreciation  - Motor vehicles, 1 January 2012 230000Accumulated depreciation  - Motor vehicles, 31 December 290000Depreciation expense - Motor vehicles, year ended 31 December 2012 1500 Gain on sale of motor vehicle,  year ended 31 December10000 Acquisition of motor vehicles financed by loanto be paid in 5 years’ time 170000 Cost price motor vehicles sold during the year 130000\begin{array}{llcc}&\$\\ \text { Motor vehicles, 1 January 2012 } &620000 \\ \text {Motor vehicles, 31 December 2012 } &740000\\ \text {Accumulated depreciation } &\\ \text { - Motor vehicles, 1 January 2012 } &230000\\ \text {Accumulated depreciation } &\\ \text { - Motor vehicles, 31 December } &290000\\ \text {Depreciation expense } &\\ \text {- Motor vehicles, year ended 31 December 2012 } &1500\\ \text { Gain on sale of motor vehicle, } &\\ \text { year ended 31 December} &10000\\ \text { Acquisition of motor vehicles financed by loan} &\\ \text {to be paid in 5 years' time } &170000\\ \text { Cost price motor vehicles sold during the year } &130000\\\end{array}


-What was the accumulated depreciation on motor vehicles sold during the year?


Definitions:

Renal Cortex

The outer layer of the kidney involved in filtration to form urine.

Renal Capsule

The renal capsule is a tough fibrous layer surrounding the kidney and providing it with protection against trauma and infection.

Renal Calyx

A structure in the kidney that funnels urine from the collecting ducts into the renal pelvis and ureter.

Renal Column

Cortical tissue located between the pyramids in the kidney, part of the kidney's supportive and structural system.

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