SUBJECT: ENGINEERING ECONOMICS PLEASE PROVIDE A COMPLETE SOLUTION FOR LETTERS C, D, AND E. THE FINAL ANSWER IS ALREADY GIVEN. THANK YOU A Machine costs ₱80,000 and an estimated life of 10 years with a salvage value of ₱5,000. What is the book value after 5 years using the following methodology?

FINANCIAL ACCOUNTING
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Author:Libby
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Chapter1: Financial Statements And Business Decisions
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SUBJECT: ENGINEERING ECONOMICS

PLEASE PROVIDE A COMPLETE SOLUTION FOR LETTERS C, D, AND E. THE FINAL ANSWER IS ALREADY GIVEN. THANK YOU

A Machine costs ₱80,000 and an estimated life of 10 years with a salvage value of ₱5,000. What is the book value after 5 years using the following methodology? 

c. Declining Balance Method if the depreciation cost is equal to the value of i. BVs=P49,922.57
d. Double Declining Balance Method. BV;=P26,214.40
e. Sum of the Years Digit Method. BVs=P25,454.55
Transcribed Image Text:c. Declining Balance Method if the depreciation cost is equal to the value of i. BVs=P49,922.57 d. Double Declining Balance Method. BV;=P26,214.40 e. Sum of the Years Digit Method. BVs=P25,454.55
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