The original cost of an equipment is Rs.10,000/-. Its salvage value at the end of its total useful life of five years is Rs. 1,000/-. Its book value at the end of two years of its useful life (as per straight line method of evaluation of depreciation) will be________________?
A. Rs. 8,800/-
B. Rs. 7,600/-
C. Rs. 6,400/-
D. Rs. 5,000/-