Question
Structural Engineering Question on Construction Management
The initial cost of an equipment is Rs. 1,00,000. Its salvage value at the end of accounting life of 5 years is Rs. 10,000. The difference in depreciation (in Rs.) computed using 'double-declining balance method' and 'straight line method' of depreciation in Year-2 is ____ (in positive integer).
Answer
The answer is: 6000.