A machine is purchased for Rs7,00,000. Expenses incurred on its cartage and installation Rs 3,00,000. Calculate the amount of depreciation @ 20% p.a. according to Straight Line Method for the first year ending on 31st March 2022, if this machine is purchased on 1st July 2021.

A

Rs 1,50,000

B

Rs 1,40,000

C

Rs 2,00,000

D

Rs 1,05,000