Construction Planning and Management
The original cost of an equipment is Rs.10,000. Its salvage value at the end of its total useful life of five years is Rs. 1,000. Its book value at the end of two years of its useful life (as per straight line method of evaluation of depreciation) will be

Rs. 5,000
Rs. 6,400
Rs. 7,600
Rs. 8,800

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Construction Planning and Management
Mobilization advance up to 10% of the cost of work is given to a contractor

For the payment of advances to labour and other staff
For the purchase of construction materials
On commencement of work at site for payment of loan taken by him
For all activities required to start the work at site on finalization of the contract document

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