Answer : The mechanical energy it possess is, 3.92 J
Solution : Given,
Mass of ball = 0.2 Kg
Height of object raised = 2 m
When an object falls then the formula used as,

where,
w = work done
m = mass of an object
h = height of object raised
g = acceleration due to gravity =

Now put all the given values in this formula, we get

Therefore, the mechanical energy it possess is, 3.92 J