Software and hardware for optimizing cell design of robotic picking lines have an installed cost of P78,000with no residual value after 5 years. For years 2 and 4, determine the book values using (a) declining balance method (b) sinking fund formula and (c) double declining balance method.

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A: Part a: Direct Method: Workings:

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Q: Req C is incorrect.

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Q: Why option A is incorrect?

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A:

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Q: part b is incorrect. Can you rework it?

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A: The formula to compute float as follows: