On April $01,2015,$ following balances appeared in the books of M$/$s Kanishka Traders: Furniture account $50,000,$ Provision for depreciation on furniture $22,000.$ On October $01,2015$ a part of furniture purchased for $20,000$ in April $01,2011$ was sold for $5,000.$ On the same date a new furniture costing $25,000$ was purchased. The depreciation was provided @ $10\%$ p$.$a$.$ on original cost of the asset and no depreciation was charged on the asset in the year of sale. Prepare furniture account and provision for depreciation account for the year ending March $31,2016.$ Show your workings clearly.