Question 2 2. Consider the following information: i. Rate of depreciation under the written down method = 20%. ii. Original Cost of the asset= Rs.1,00,000. iii. Residual value of the asset at the end of useful life = Rs.40,960 iv. The estimated useful life of the asset, in years is 4 years. i. Depreciation for 1st year = 20.000 16,000 12,800 10,250