Estimating, Cost and Valuation Valuation

Original cost of property is Rs. 18,00,000 and its expected life is 60 years. Salvage value of the property is Rs. 75,000 . Depreciation per year using straight line method would be

1

Rs. 25,150

2

Rs. 29,450

3

Rs. 29,770

4

Rs. 28,750

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