Hello! Please help me answer this one. Please refer to the given picture/s below for the questions. Please read the instructions and directions very carefully. Double and triple check your answers, previous tutors got it wrong. NOTE: Type only your answers. Please do not handwritten your answers. Make sure your formulas, solutions and answers' format are all correct. Depreciation Methods1. A broadcasting corporation purchased an equipment for P53,000.00 and paid P1,500 forfreight and delivery charges to the job site. The equipment has a normal life of 10 years with atrade-in value of P5,000.00 against the purchase of a new equipment at the end of the life.a. Determine the annual depreciation cost by the straight line method.b. Determine the annual depreciation cost by the sinking fund method. Assume interest at6.5% compounded annually.2. A plant bought a calciner for P220,000.00 and uses it for 10years, the life span of theequipment. What is the bookvalue of the calciner after 5 years of use. Assume a scrap valueof P20,000.00 for starightline method; P22,000 for textbook declining balance method andP20,000 for the double declining balance method.3. A structure costs P12,000.00 new. It is estimated to have a life 5 years with a salvage valueat the end of life of P1,000.00. Determine the book value at the end of each year of life, thedepreciation during the 3rd year and book value at the end of 3 years. Use SYD Method.4. An industrial plant bought a generator set from P90,000.00, other expenses includinginstallation amounted to P10,000.00. The generator set is to have a life of 17 years with asalvage value at the end of life of P5,000.00. Determine the depreciation charge during the13th year and the book value at the of 13 years.Use: (a)SLM (b)SFM@12% (c)SYDM (d)DBM and (e)DDBM5. A plastic extrusion machine cost P120,000 was purchased 4 years ago and is estimated tohave a service life of 6 more years with salvage value of P15,000. If it is to replaced by a newmachine and its trade-in-value is P40,000. Find the sunk cost if money worth 10% per annum.

Data given - Total cost = P53,000+P1,500=P54,500 Interest rate = 6.5%=0.065 Time = 10…

Answered: Icasting corporation purchased an…

Structural Analysis

6th Edition

ISBN:9781337630931

Author:KASSIMALI, Aslam.

Publisher:KASSIMALI, Aslam.

Chapter2: Loads On Structures

Section: Chapter Questions

Problem 1P

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Hello! Please help me answer this one. Please refer to the given picture/s below for the questions. Please read the instructions and directions very carefully. Double and triple check your answers, previous tutors got it wrong.

NOTE: Type only your answers. Please do not handwritten your answers. Make sure your formulas, solutions and answers' format are all correct.

Depreciation Methods
1. A broadcasting corporation purchased an equipment for P53,000.00 and paid P1,500 for
freight and delivery charges to the job site. The equipment has a normal life of 10 years with a
trade-in value of P5,000.00 against the purchase of a new equipment at the end of the life.
a. Determine the annual depreciation cost by the straight line method.
b. Determine the annual depreciation cost by the sinking fund method. Assume interest at
6.5% compounded annually.
2. A plant bought a calciner for P220,000.00 and uses it for 10years, the life span of the
equipment. What is the bookvalue of the calciner after 5 years of use. Assume a scrap value
of P20,000.00 for starightline method; P22,000 for textbook declining balance method and
P20,000 for the double declining balance method.
3. A structure costs P12,000.00 new. It is estimated to have a life 5 years with a salvage value
at the end of life of P1,000.00. Determine the book value at the end of each year of life, the
depreciation during the 3rd year and book value at the end of 3 years. Use SYD Method.
4. An industrial plant bought a generator set from P90,000.00, other expenses including
installation amounted to P10,000.00. The generator set is to have a life of 17 years with a
salvage value at the end of life of P5,000.00. Determine the depreciation charge during the
13th year and the book value at the of 13 years.
Use: (a)SLM (b)SFM@12% (c)SYDM (d)DBM and (e)DDBM
5. A plastic extrusion machine cost P120,000 was purchased 4 years ago and is estimated to
have a service life of 6 more years with salvage value of P15,000. If it is to replaced by a new
machine and its trade-in-value is P40,000. Find the sunk cost if money worth 10% per annum.

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ISBN:

9781337630931

Author:

KASSIMALI, Aslam.

Publisher:

Cengage,