Sam buys a motorbike at the cost of Rs 75,000 which has 20 years of useful life. If the annual depreciation calculated via the straight-line method is Rs 3,600, what will be the salvage value?
1
4,000 Rs
2
1,000 Rs
3
2,000 Rs
4
3,000 Rs
Sam buys a motorbike at the cost of Rs 75,000 which has 20 years of useful life. If the annual depreciation calculated via the straight-line method is Rs 3,600, what will be the salvage value?