Cebu Pacific purchased a new aircraft engine diagnostics equipment for its maintenance support facility in Hongkong. Installed cost was P 500,000 with a depreciable life of 5 years and an estimated 1% salvage. Using a spreadsheet of calculator computation, determine the following:   a. Straight line (SL) depreciation and book value schedule. b. Double declining balance (DDB) depreciation and book value schedule. c. Declining balance (DB) at 150% of the SL rate depreciation and book value schedule.   Please show the solution. Solutions in excel is acceptable.

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