X Ltd. purchased machinery of 1,00,000 on October 1, 2020. The useful life of the asset is 10 years and salvage value is *20,000. Calculate the amount of depreciation to be charged in the year 2020-2021. Purchase goods for 10,000 and receive a trade discount at 10% and a cash discount of 5%. Purchase account will be debited by: (a) 10,000 (b) 1,000 (c) 9,000 (d) 8,550