Griff Runs a Dance Studio

Griff runs a dance studio.Early in 20X1 he installed a new wooden floor at a cost of £54 000.He decided to depreciate the floor separately from the freehold building which he also owns.Griff reopened his studio after installation of the floor on 1 July 20X1.The floor was to be depreciated over a 25-year period on the straight line basis with a depreciation charge for each full month of ownership.On 26 April 20X5 the studio was flooded following heavy rains, and the floor was ruined.The insurance assessor asks Griff to calculate the carrying amount of the floor at that date to form a basis for negotiation of the insurance settlement. What was the carrying amount of the floor at 25 April 20X5?

A) £45 900
B) £45 360
C) £45 720
D) £43 200