A machine has a salvage value of P12,000 at the end of its useful life of 6 years. The book value at the end of 5 years is P30,833.33. Using a ștraight line method of depreciation, what is the first cost of the machine? c. P125,000 d. P135,000 a. P125,500 b. P135,500

MATLAB: An Introduction with Applications
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A machine has a salvage value of P12,000 at the end
of its useful life of 6 years. The book value at the end
of 5 years is P30,833.33. Using a ștraight line method
of depreciation, what is the first cost of the
machine?
c. P125,000
d. P135,000
a. P125,500
b. P135,500
Transcribed Image Text:A machine has a salvage value of P12,000 at the end of its useful life of 6 years. The book value at the end of 5 years is P30,833.33. Using a ștraight line method of depreciation, what is the first cost of the machine? c. P125,000 d. P135,000 a. P125,500 b. P135,500
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