A Ltd purchased a machine on 01.01.2003 for ` 120000. Installation expenses were ` 30000. Residual value after 5 years was ` 5000. On 01.07.2003, expenses for repair were incurred to the extent of ` 2000. Depreciation is provided @ 10% per annum under written down value method. Total depreciation after 2 years will be

A Ltd purchased a machine on 01.01.2003 for ` 120000. Installation exp

1.	A Ltd purchased a machine on 01.01.2003 for ` 120000. Installation expenses were ` 30000. Residual value after 5 years was ` 5000. On 01.07.2003, expenses for repair were incurred to the extent of ` 2000. Depreciation is provided @ 10% per annum under written down value method. Total depreciation after 2 years will be
A.	` 25000
B.	` 13000
C.	` 10500
D.	` 28500
Answer» E.

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