36. The following balances appear in the books of M/s Amrit:

1st April, 2022 Machinery A/c ₹60,000

Provision for depreciation A/c ₹36,000

On 1st April, 2022, they decided to dispose off a machinery for ₹78,400 which was purchased on 1st April, 2018 for ₹16,000.

You are required to prepare Machinery A/c, Provision for Depreciation A/c and Machinery Disposal A/c for 2022-23. Depreciation was charged at 10% p.a. on original cost method.