INDEXED COST OF MACHINERY & EFFECTIVE AGE

 

 

 

RESULT SUMMARY:
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INDEXED COST OF MACHINERY & EFFECTIVE AGE
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Year in which Machine was Purchased: 2002

Cost of Machine when Purchased: 40000

Inflation Index when Purchased: 447

Year of 1st Up Gradation of Machine: 2004

Cost of 1st Up Gradation: 5000

Inflation Index when 1st Up Graded: 480

Year of 2nd Up Gradation of Machine: 2006

Cost of 2nd Up Gradation: 8000

Inflation Index when Up Graded 2nd Time: 497

Year of 3rd Up Gradation of Machine: 2009

Cost of 3rd Up Gradation: 15000

Inflation Index when Up Graded 3rd Time: 582

Valuation Year: 2013

Inflation Index at Valuation Year: 939

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Indexed Cost of Initial Purchase: 84026.85

Indexed Cost of 1st Up Gradation: 9781.25

Indexed Cost of 2nd Up Gradation: 15114.69

Indexed Cost of 3rd Up Gradation: 24201.03

Indexed Cost of Machinery: 133123.82

Effective Age of Machinery: 9

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Note : Use Consistent Units.