39. On April 1, 2019 Jain & Sons purchased a second-hand plant costing ₹2,00,000 and spent ₹10,000 on its overhauling. It also spent ₹5,000 on transportation and installation of the plant. It was decided to provide for depreciation @ 20% on written down value. The plant was destroyed by fire on Oct. 31, 2022 and an insurance claim of ₹50,000 was admitted by the insurance company. Prepare plant account assuming that the company closes its books on March 31, every year.