Becker Study Question

Hello Tutor, I wonder how to do these 3 question as I don’t know what the question ask for
.I hope I can get some help from you and I will appreciate it.Thank you!

Q37.6
Artur bought a car on 1 January 2014 for $10,000 . On 1 July 2016 he accepted $3,500 trade in allowance on a new car.The new car cost $12,000 .Artur depreciates all non-current assets at a rate of 25% per annum on cost at the year end. He prepares account s to 31 December each year.
What is the resulting under/over allowance for depreciation on the sale of first car?

A Under allowance of $1,500
B Over allowance of $1,500
C Under allowance of $5,000
D Over allowance of $5,000

Answer is A

Q125.2
On 1 January 2016 Uba acquired goods for sale in the ordinary course of business for $105,000,including $5,000 refundable purchases taxes.The supplier usually sells goods on 30 days’ interest -free credit. However ,as a special promotion,the purchase agreement for these goods provided for payment to be made in full on 31 December 2016. In acquiring the goods carriage costs of $2,000 were incurred:these were due on 31 January 2016. Uba’s cost of capital is 10% per annum.
At what amount should Uba measure the cost of these goods(to the nearest $00)?
A $92,900
B $92,700
C $92,000
D $90,900
Answer is A

Q125.3
Bumi had 120 units of an item in inventory which were purchased some time ago at a cost of $1,200.Immediately before the end of the financial year 20 units were sold for $180.Shortly after the year a further 20 units were sold for $170 with $20 being incurred in delivering the items to the customer.
At what amount should the items in inventory at the end of the financial year be included in the financial statements?
A $750
B $800
C $850
D $900
Answer is A