Jackie Had the Following Transactions in the Year

Multiple Choice

Jackie had the following transactions in the year. Put £180000 of her own money into the business bank account. Took out a 40 year lease on the premises at a cost of £80000, bought fixtures and fittings or £12000 which she thinks will last four years and then be worth nothing and a car for £15000 which she will use for three years and then sell or an estimated £3000. All assets are to be depreciated or amortised over their useful lives using straight line depreciation.
- What is the carrying value of Jackie's fixed assets and how much is in the bank account at the end of the year?

A) £107000 and £73000
B) £98000 and £73000
C) £97000 and - £107000
D) £94000 and £73000
E) £95000 and £73000