On Jan 01, 2012 Jain & Sons purchased a second hand plant costing `Rs.` 2,00,000 and spent `Rs.` 10,000 on its overhauling. It also spent `Rs.` 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 July 31, 2015 and an insurance claim of `Rs.` 50,000 was adimitted by the insurance company. Prepare plant account, accumulated depreciation account and plant disposal account assuming that the company closes its books on December 31, every year.