Hello, When answering please explain as well. thank you.

2. On 1" January, 2005 a merchant purchased Machinery costing Rs. 25,000. Depreciation is to be provided annually according to the straight line method. The useful life of the asset is 10 years and the residual value is Rs. 5,000 Show the Machinery Account for the first five years. Answer: Balance Rs. 15,000