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Dec 19, 2020 · On 30th June, 2015, the machine was sold off as scrap for ~ 18,000 and the investments were realized at 5% less than the book value. On 1st July, 2015, a new machine is installed at a cost of ~ 1,25,000. Sinking Fund tables show that ~ 0.2320 invested each year will produce ~ 1 at the end of 4 years at 5%. The EveryDollar budget app helps you create a monthly budget, track spending, save money and get out of debt fast. Budgeting just got easy — start today!