3. A linking machine is purchased for #20,000. It is estimated to have a useful life of 10 years P10,000. Find the depreciation for the 1st year using SOYD Method. Dm=P1,818.18

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Chapter1: Making Economics Decisions
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3. A linking machine is purchased for P20,000. It is estimated to have a useful life of 10 years and a salvage value of
P10,000. Find the depreciation for the 1st year using SOYD Method. Dm=P1,818.18
Transcribed Image Text:3. A linking machine is purchased for P20,000. It is estimated to have a useful life of 10 years and a salvage value of P10,000. Find the depreciation for the 1st year using SOYD Method. Dm=P1,818.18
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