Waleed WLL purchased a machine on 1 July 2017 for BD500,000. The machine is being depreciated on a straight-line basis over its useful life of ten years. Residual value is estimated to be BD20,000. On 1 January 2018, following a change in legislation, Waleed WLL fitted a safety guard to the machine. The safety guard cost BD25,000 and has a useful life of five years with a zero residual value.

What is the amount that will be charged to profit or loss for the year ended 31 March 2018 in respect of depreciation for this machine?

BD36,000

BD50,000

BD37,250

BD55,000