On 1st April, 2002, a fixed asset was purchased for Rs. 50,000. The life of the asset is estimated as five years. In order to purchase new assets on expiry of the old one, a Depreciation Fund Account was opened and the requisite sum was invested in securities yielding 5% interest. According to sinking fund table, annual depreciation amount to Rs. 9,050. Investments are sold for Rs. 39,196 on 31st March, 2007. Open necessary accounts.