A company purchased plant and machinery for one million, on 1 January 2008. The company uses straight-line depreciation. The company estimates that the plant and machinery will have a useful life of 3...

Extracted text: A company purchased plant and machinery for one million, on 1 January 2008. The company uses straight-line depreciation. The company estimates that the plant and machinery will have a useful life of 3 years, after which it may be disposed of for RS 100,000. What was the net book value of the plant and machinery at 31 December 2009? *