on 1st January 2015 mr ankush purchased a machinery for rs 10,00,000 and paid rs 2,00,000 for its installation. on 1st October 2015 a repair work was carried out on the machine and rs 15000 were spent for the same. on 1st October 2016 additional machine was purchased for rs 18,00,000. on 1st October 2017 half of the machine purchased purchased on 1st January 2015 was sold for rs 22,00,000 and on the same date another machine was purchased for rs 8,00,000. the company provides depreciation on its machinery at 20% pa on straight line method
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