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The original cost of the machine is 19,00,000; machine installation charges are 1,00,000; working life of the machine is 5 years and residual value is 40,000. If the depreciation is charged on Straight Line basis then 4th year’s depreciation will be:

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Question:

The original cost of the machine is 19,00,000; machine installation charges are 1,00,000; working life of the machine is 5 years and residual value is 40,000. If the depreciation is charged on Straight Line basis then 4th year’s depreciation will be:

A.

3,72,000

B.

4,00,000

C.

3,92,000

D.

3,52,000

Answer» c. 3,92,000

Note: The above multiple-choice question is for all general and Competitive Exams in India.