Trish Runs a Boxing Club

Multiple Choice

Trish runs a boxing club.She installed a new boxing ring at a cost of £25 000 on 1 April 20X1, and decided to depreciate the new ring at a rate of 20% each year on the reducing balance basis.What is the depreciation charge in respect of the boxing ring for Trish's accounting year ended 31 March 20X4?

A) £3200
B) £12 800
C) £4000
D) £2560