Given: Machinery cost Rs. 30,000. Scrap value Rs. 10,000. Life 5 years. Rate of interest 5%. Reference to sinking fund table 0.180975.The depreciation per year will be

Given: Machinery cost Rs. 30,000. Scrap value Rs. 10,000. Life 5 years

1.	Given: Machinery cost Rs. 30,000. Scrap value Rs. 10,000. Life 5 years. Rate of interest 5%. Reference to sinking fund table 0.180975.The depreciation per year will be
A.	Rs. 4,000
B.	Rs. 3619.50
C.	Rs. 8,000
D.	Rs. 5429.25
Answer» C. Rs. 8,000