The value of a machine depreciates at the rate of 25% each year. If the difference between its values at the end of the third and the fourth year is Rs.17,199, then what is the value of the machine at the end of the first year?

• A. Rs. 1,32,208
• B. Rs. 1,63,072
• C. Rs. 1,83,456
• D. Rs. 1,22,304