A newspaper printing machine costs ₹ 4,80,000 and estimated scrap value of ₹ 25,000 at the end of its useful life of 10 years. What is its annual depreciation as per linear method?

(a) ₹ 4,550

(b) ₹ 45,500

(c) ₹ 50,500

(d) ₹ 61,500

(a) ₹ 4,550

(b) ₹ 45,500

(c) ₹ 50,500

(d) ₹ 61,500