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1. Lakxmi Bathi Palaji Enterprises imported a machine for Rs. 1,60,000 in 2000 and incurred additional costs. In 2002, 1/3 of the machine was sold and another was purchased to replace it. Depreciation is provided at 20% annually on the written down value. 2. Kumar enterprises purchased an imported machine in 1997 for Rs. 2,00,000 with an expected life of 5 years. In 1999, the machine was revalued to Rs. 2,80,000 and its expected life was revised to 2 more years. 3. Omtex Co acquired a machine in 1997 fo

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