A trading firm provided the following information with respect to assets of Group 'D'. ➤ The opening WDV of assets Rs 1,000,000. ➤ During the…

A trading firm provided the following information with respect to assets of Group 'D'.
➤ The opening WDV of assets Rs 1,000,000.
➤ During the previous year the company purchased assets as:
On Marg Rs 100,000
On Chaitra Rs 300,000
On Baisakh Rs 900,000
➤ Company disposed off the part of asset during the previous year at Rs 100,000 (book value Rs 80,000).
➤ Repair expenses was incurred during the previous year Rs 130,000

Required:
(a) Allowable depreciation for the year.
(b) Opening WDV for the next year.