cost of the machine is P140 000 and has a useful life of 8 years. If the salvage value is P10 000; 1. Determine the depreciation during the 4th year using double-declining balance method.  a. P14 765.63 b. P16 250.00 c. P14 622.56 d. P18 055.56 2. Determine the depreciation during the 4th year using sum of the year’s digit method.  a. P14 765.63 b. P16 250.00 c. P14 622.56 d. P18 055.56 3. Determine the depreciation during the 4th year using declining balance method.  a. P14 765.63

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