Problem 3: A certain machine costs P 40,000, has a life of 4 years and salvage value of P 5,000. The production output of this machine per year is given below. units of output 1,900 Year 1 2 2,400 3,200 2,500 3 4 Compute the book value of the machine at the end of the third year.

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Problem 3: A certain machine costs P 40,000, has a life of 4 years and salvage value of
P 5,000. The production output of this machine per year is given below.
Year
units of output
1,900
2,400
3,200
2,500
3
4
Compute the book value of the machine at the end of the third year.
Transcribed Image Text:Problem 3: A certain machine costs P 40,000, has a life of 4 years and salvage value of P 5,000. The production output of this machine per year is given below. Year units of output 1,900 2,400 3,200 2,500 3 4 Compute the book value of the machine at the end of the third year.
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