Use the Information Below to Answer the Following Questions

Multiple Choice

Use the information below to answer the following questions.
Norman Ltd purchased a motor vehicle for $45,000 on 1 July 2009. The vehicle was expected to have a 4-year life and a $13,000 trade-in value, and was expected to be driven for 160,000 km. The financial period ends on 30 June.
-Assuming Norman Ltd used the straight-line method of depreciation,the net book value at 30 June 2012 was:

A) $8000
B) $11 250
C) $21 000
D) $29 000.