PLEASE PROVIDE THE NEEDED ANSWER AND SOLUTION ASAP PLEASE THANKYOU A company purchased an air conditioner at SY Appliance Center for Php 45,000 and paid an installation fee of Php 6,000 with a delivery charge of Php 1,000. The air conditioner has an estimated life span of 5 years with a residual value of Php 15,000 a. What is the depreciable cost of the air conditioner? b. How much is the annual depreciation?

Q: Please correct answer and step by step solution

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