Find the book value of the machine at the end of 6 years if a machine is purchased for Rs. 15,00000 and has estimated life of 15 years. Given salvage value (Rs) at the end of 15 years is 2,25,000. Use straight line method of evaluation of depreciation.
1
Rs. 988,000
2
Rs. 989,000
3
Rs. 990,000
4
Rs. 991,000