A machine is purchased for Rs. 10,000,00/- and has an estimated life of 10 years. The salvage value at the end of 10 years is Rs. 1,50,000/-. The book value of the machine at the end of 5 years using general straight line method of evaluation of depreciation is__________________?
A. Rs. 4,75,000/-
B. Rs. 5,75,000/-
C. Rs. 6,50,000/-
D. Rs. 8,50,000/-