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need in 15 mints... 4. A merchant purchased a machine worth Rs. 17,000 . The estimated life of the machine is 5 years. The scrap

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need in 15 mints...

4. A merchant purchased a machine worth Rs. 17,000 . The estimated life of the machine is 5 years. The scrap value of machine is Rs. \\( 2,000 \\). You are required to calculate the yearly depreciation charges and prepare a comparative schedules of depreciation expenses using the following method for four years. (i) Straight line method. (ii) Sum of the year digit method

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