Financial reporting

The leasehold property Acquired on 1-4-2000 and at the B/s date the lease has further six years to run. The cost Should be Written Off over the term of the lease by equal anuual charges . To date 7000 per annum had been written off.

Leasehold property in B/S date as on 31-3-2010 : 1,60,000

Less:Dep                                                                            70,000

                                                                                                                90,000

please anyone explain me this part 

for ur inf... this problem is MPV (fifth edition 2011) 

page no.363

problem No. 33