Ram Ltd. which depreciates its machinery at 10% p.a. on Diminishing Balance Method had on 1.1.2016, Rs 9,72,000 on the debit side of Machinery Account. During the year 2016, Machinery purchased on 1.1.2014 for Rs 80,000 was sold for Rs 45,000 on 1.7.2016 and a new machinery at a cost of Rs 1,50,000 was purchased and installed on the same date, installation charges being Rs 8,000. The company wanted to change the method of depreciation from

Diminishing Balance Method to Straight Line Method. The rate of depreciation remains the same as before. Show Machinery Account.