S Limited is engaged in the manufacture of Lithium-ion batteries for electric cars. It has developed a new technology which would enhance the…

S Limited is engaged in the manufacture of Lithium-ion batteries for electric cars. It has developed a new technology which would enhance the operating efficiency of batteries. It has capitalized the development expenditure of ₹75,00,000/- for the same. It estimates the life of the technology developed to be 4 years. The net cash flows to be generated during these 4 years are estimated at ₹ 30,00,000, ₹ 40,00,000, ₹ 55,00,000 and ₹ 35,00,000 respectively. What should be the amortization charge during the first year of the technology's life?