27. A certain machine has book value of P173,205.08 after 5 years and P82,187.59 after 8 years. The book value is computed using Declining Balance Method. Determine the initial cost of the equipment and its salvage value in its economic life of 10 years.

Structural Analysis
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Chapter2: Loads On Structures
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27. A certain machine has book value of
P173,205.08 after 5 years and P82,187.59 after 8
years. The book value is computed using Declining
Balance Method. Determine the initial cost of the
equipment and its salvage value in its economic life
of 10 years.
Transcribed Image Text:27. A certain machine has book value of P173,205.08 after 5 years and P82,187.59 after 8 years. The book value is computed using Declining Balance Method. Determine the initial cost of the equipment and its salvage value in its economic life of 10 years.
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