19. On January 01, 2014, a Limited Company purchased machinery for ₹20,00,000. Depreciation is provided @15% p.a. on diminishing balance method.

On March 01, 2016, one fourth of machinery was damaged by fire and ₹40,000 were received from the insurance company in full settlement. On September 01, 2016 another machinery was purchased by the company for ₹15,00,000.

Write up the machinery account from 2014 to 2017. Books are closed on December 31, every year.