=+1, *On 1st January, 1959, a firm bought Machinery at a cost of £2,000 and on 1st July, 1960, additional Machinery costing £500. On 1st January, 1961, Machinery which cost £300 on 1st January, 1959, was sold for

£160. Additional Machinery was purchased on 1st April, 1961, at a cost of £400. Part of the Machinery, purchased on 1st July, 1960, for £150, was scrapped and sold for £70 on 1st October, 1962.