Q. The original cost of the machine is 19,00,000; machine installation charges are 1,00,000; working life of the machine is 5 years and residual value is 40,000. If the depreciation is charged on Straight Line basis then 4th year’s depreciation will be: (Solved)
1. 3,72,000
2. 4,00,000
3. 3,92,000
4. 3,52,000
- c. 3,92,000