Prepare an asset register and calculate depreciation on the delivery vehicle (continued)

Depreciation Year 1 (1 March - 28 February):
$$
R272\,000 \times 20\% = R54\,400
$$
Carrying Value at end of Year 1:
$$
R272\,000 - R54\,400 = R217\,600
$$
Accumulated Depreciation at end of Year 1:
$$
\boxed{R54\,400}
$$

Depreciation Year 2 (1 March - 28 February):
$$
R217\,600 \times 20\% = R43\,520
$$
Carrying Value at end of Year 2:
$$
R217\,600 - R43\,520 = R174\,080
$$
Accumulated Depreciation at end of Year 2:
$$
R54\,400 + R43\,520 = \boxed{R97\,920}
$$

Depreciation Year 3 (1 March - 28 February):
$$
R174\,080 \times 20\% = R34\,816
$$
Carrying Value at end of Year 3:
$$
R174\,080 - R34\,816 = R139\,264
$$
Accumulated Depreciation at end of Year 3:
$$
R97\,920 + R34\,816 = \boxed{R132\,736}
$$