A business acquired new premises at a cost of Rs. 400 million on 1 January 2015. In the period to the year end of 31 March 2015 the following further costs were incurred. What amount should appear as the cost of premises in the company's statement of financial position at 31 March 2015 ? Q3 The plant and machinery account for a company for the year ended 30 June 2015 is as follows. The company's policy is to charge depreciation on plant and machinery at 25% each year on the straight-line basis, with proportionate charges in the year of acquisition and the year of disposal. None of the assets held at 1 July 2014 was more than three years old. What is the charge for depreciation of plant and machinery for the year ended 30 June 2015