(a) A company is planning to purchase a machine on installment. Find out which machine should be selected on the basis of Annual Worth method if the interest rate is 18% compounded annually. Particulars Machine A Machine A2 Machine A3 Initial Cost(in) 2,00,000 2,80,000 3,60,000 Life of the project(in years) 15 15 15 Annual earnings(in) 5,00,000 7,00,000 6,00,000 Salvage value(in *) 10,000 8,000 6,000 (b) The initial value of an asset is 20,00,000. Find out depreciation amount and book value of the asset for every year if the estimated life of the asset is 6 years with the help of declining balance method of depreciation if the rate of depreciation is 20%.