15.1.1 Two methods of calculating depreciation are: Straight-line method* (or Cost price method) Diminishing balance method* (or Reducing balance method) 15.1.2 Here is the completed Fixed Assets Note: $$ \begin{array}{|l|r|r|r|r|} \hline \textbf{B. Tangible asset} & \textbf{Land and} & \textbf{Vehicles} & \textbf{Equipment} & \textbf{Total} \\ & \textbf{buildings} & & & \\ \hline \textbf{Carrying value at the beginning} & \textbf{1 279 000}