The company purchase a car for OMR 5,000 and depreciation charged is 15 %. Value of land at the beginning of the year is OMR 50,000 at the end of the year the fair value has increased by 10 %. Company had a machine with book value OMR 18,000 was sold during the year for OMR 16,000

At what value the total asset will be recognized at the end of the year in the financial statements?

a) None of these

b) OMR 78,000

c) OMR 77,250

d) OMR 75,250