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A reactor having a salvage value of Rs. 10000 is estimated to have a service life of 10 years. The annual interest rate is 10%. The original cost of the reactor was Rs. 80000. The book value of the reactor after 5 years using sinking fund depreciation method will be Rs. | |
A. | 40096 [Wrong Answer] |
B. | 43196 [Wrong Answer] |
C. | 53196 [Wrong Answer] |
D. | 60196 [Correct Answer] |