Project A was completed at the end of 2014. Development expenditure brought forward at the beginning of 2015 was Rs. 412,500 on this project. Savings in production costs arising from this project are first expected to arise in 2015. In 2015 savings are expected to be Rs. 100,000, followed by savings of Rs. 300,000 in 2016 and Rs. 200,000 in 2017. Project B commenced on 1 April 2015. Costs incurred during the year were Rs. 56,000. In addition to these costs, a machine was purchased on 1 April 2015 for Rs. 30,000 for use on the project. This machine has a useful life of five years. At the end of 2015, there were still some uncertainties surrounding the completion of the project. Project C had been started in 2014. In 2014 the costs relating to this project of Rs. 36,700 had been written off, as at the end of 2014 there were still some uncertainties surrounding the completion of the project. Those uncertainties have now been resolved and a further Rs. 45,000 costs were incurred during the year. 

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Show how the above would appear in their financial statements (including notes to the financial statements) Henry as of 31 December 2015.