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6. A broadcasting corporation is purchased equipment for P53,000 and paid P1500 for delivery charges to the job site. The equipment has a normal life of 10 years with a trade in value of P5000 against the purchase of new equipment at the end of the life. Determine the depreciation cost by sinking fund method. A. 5568.40 B. 4322.54 C. 3755.46 D. 4898.32

6. A broadcasting corporation is purchased equipment for P53,000 and paid P1500 for delivery charges to the job site. The equipment has a normal life of 10 years with a trade in value of P5000 against the purchase of new equipment at the end of the life. Determine the depreciation cost by sinking fund method. A. 5568.40 B. 4322.54 C. 3755.46 D. 4898.32

Fundamentals Of Construction Estimating
Fundamentals Of Construction Estimating
4th Edition
ISBN:9781337399395
Author:Pratt, David J.
Publisher:Pratt, David J.
Chapter9: Pricing Construction Equipment
Section: Chapter Questions
Problem 5RQ
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6. A broadcasting corporation is purchased equipment for P53,000 and paid P1500 for delivery charges to the job site. The equipment has a normal life of 10 years with a trade in value of P5000 against the purchase of new equipment at the end of the life. Determine the depreciation cost by sinking fund method. A. 5568.40 B. 4322.54 C. 3755.46 D. 4898.32
Transcribed Image Text:6. A broadcasting corporation is purchased equipment for P53,000 and paid P1500 for delivery charges to the job site. The equipment has a normal life of 10 years with a trade in value of P5000 against the purchase of new equipment at the end of the life. Determine the depreciation cost by sinking fund method. A. 5568.40 B. 4322.54 C. 3755.46 D. 4898.32
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