The original cost of an equipment is Rs.10,000/-. Its salvage value at the end of its total useful life of five years is Rs. 1,000/-. Its book value at the end of two years of its useful life (as per straight line method of evaluation of depreciation) will be________________?
(A) Rs. 8,800/-
(B) Rs. 7,600/-
(C) Rs. 6,400/-
(D) Rs. 5,000/-
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