A manufacturing company purchased 10 years of milling machine for 60,000. A straight-line depreciation reserve had been

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A manufacturing company purchased 10 years of milling machine for ₽60,000. A straight-line depreciation reserve had been provided for the 20-year life of the machine. The owner of the machine shop desires to replace the old milling machine with a modern unit of many advantages costing ₽100,000. It can sell the old unit for ₽20,000. How much new capital will be required for the purchase?