A distillation tower was set up before $8$ years at the cost of Rs$.30,00,\frac{000}{-}$ and life was estimated to be $16$ years. At present the tower is not working. Therefore, the company management took decision to setup new tower as the cost estimated Rs$.45,00,000/-$ for it$.$ The company is utilizing its own depreciation fund. Estimate the amount that company will expect by selling initially installed tower and additional amount required to purchase the new towerifsalyage value of old tower is Rs$.2,00,\frac{000}{-}$ by using straight line method of depreciation.

$[7]$