find its book valu
Chapter2: Loads On Structures
Section: Chapter Questions
Problem 1P
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Transcribed Image Text:A man bought an equipment which cost P524,000. Freight and installation expenses cost him P31,000. If the
life of the equipment is 15 years with an estimated salvage value of P120,000, find its book value after 8
years.
a P333,000
b. P233,000
c. P332,000
d. P323,000
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