Most candidates chose A or C meaning that they did not appreciate that the manufacturer's current list price (of $600,000) was for a NEW item of plant as at 30 September 2014, whereas, at this date, the item of plant owned by Drexler is two years and the list price needs to be depreciated for two years to give an appropriate current value.

D was the least popular wrong answer and choosing it would imply that a candidate had not taken account of the estimated residual value (of 10%) when calculating the historical cost, but had when calculating the current.