ABC purchased a machine for Rs. 1,00,000. Estimated useful life and scrap value were 4 years and Rs. 10,000, respectively. The machine was put to use on 1 January 2020. What will be the depreciation for year ended 31 December 2023 as per the sum of years of digits method?
1
Rs. 10,000
2
Rs. 9,000
3
Rs. 18,000
4
Rs. 22,500