Sphinx Ltd acquired Plant & Machines for Rs 40,00,000 on 1st April 2017. The company purchased another machine for Rs 1,00,000 on 1st March 2019. One of the machines from the earlier acquisition, original cost of which was Rs 12,00,000 was sold on 1st October 2018 for Rs 7,00,000. Calculate the amount of depreciation and the value of machines at the end of two years by creating machinery account or otherwise under: (a) Straight Line Method (b) Written down value The depreciation rate to be taken 15%