3. Abracadabra Company purchases a machine for Rs. 1,70,000 on January 1, 2012. A residual value of Rs. 10,000 & a useful life of 10 years are estimated at the date of acquisition. Abracadabra uses straight-line depreciation. Early 2016, Abracadabra notice that a competitor has come up with a new product that will reduce demand for Abracadabra's product. Consequently, it estimates that the machine will no longer be useful after 2018. Abracadabra feels that it will be able to well the machine to a scrap dealer for Rs. 16,000 at that time. Prepare a depreciation schedule comparing the original depreciation schedule (for 2012 2021) with the depreciation schedule based on the revined estimates of useful life and residual value (for 2012 2018)