Q#2     A machine acquired at the beginning of the fiscal year at a cost of Rs. 45,200 has an estimated residual value of Rs. 2,000 and an estimated useful life of 8 years. Determine the depreciation for each of the first five years (a) by the straight line method, (b) by the declining-balance method, using twice the straight line rate (25%) and (c) by the sum of the year digit method.

Q: None

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