A machine has useful life of 2 years with scrap value of ₹ 2500. Based on the above information, complete the depreciation schedule table (under straight line method)

x = ₹13,750, y = ₹16,250 

$\text {Amount of depreciation (x)} = \frac{\text{Cost of Machine - Scrap Value of Machine}}{|Life in years} = \frac{30000-2500}{2} = 13,750$

$ y = 30,000 - 13,750 = 16,250$