9) ABC Enterprises purchased a machine on 1st January 2015. Total purchase cost Rs. 800,000 Useful life of the asset 4 years Scrap value 200,000 You are required calculated depreciation on following methods for the year ended 31 December 2015, 2016, 2017 and 2018. > Straight line basis Reducing balance basis Prepare ledger accounts and abstract of the financial statements based on the above information