1. A machine costs P7,000.00, last 8 years and has a salvage value at the end of life of P350.00. Determine the depreciation charge during the 4th year and the book value at the end of 4 years by the: (a) Straight Line method, (b) Declining balance method, (c) SYD method, and
1. A machine costs P7,000.00, last 8 years and has a salvage value at the end of life of P350.00. Determine the depreciation charge during the 4th year and the book value at the end of 4 years by the: (a) Straight Line method, (b) Declining balance method, (c) SYD method, and
Chapter1: Making Economics Decisions
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![1. A machine costs P7,000.00, last 8 years and has a salvage value at
the end of life of P350.00. Determine the depreciation charge during
the 4th year and the book value at the end of 4 years by the:
(a) Straight Line method,
(b) Declining balance method,
(c) SYD method, and
(d) sinking fund method with interest at 12%.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6377aa1b-356d-4985-b940-42228fcd54cf%2F32b5b826-aa96-4b40-8ad0-ce8ad12ce43d%2Fon68vu_processed.png&w=3840&q=75)
Transcribed Image Text:1. A machine costs P7,000.00, last 8 years and has a salvage value at
the end of life of P350.00. Determine the depreciation charge during
the 4th year and the book value at the end of 4 years by the:
(a) Straight Line method,
(b) Declining balance method,
(c) SYD method, and
(d) sinking fund method with interest at 12%.
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