3. A telephone company purchased a microwave radio equipment for P6M. Freight and installation charges amounted to 3% of the purchased price. If the equipment shall be depreciated over a period of 8 years with a salvage value of 5%, determine the þepreciation charge during the 5th year using the Sum of Year Digit Method. a. P756,632.78 c. P652,333.33 b. P957,902.56 d. P845, 935.76

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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33. A telephone company purchased a microwave radio
equipment for P6M. Freight and installation charges
amounted to 3% of the purchased price. If the
equipment shall be depreciated over a period of 8
years with a salvage value of 5%, determine the
depreciation charge during the 5th year using the
Sum of Year Digit Method.
a. P756,632.78
c. P652,333.33
b. P957,902.56
d. P845, 935.76
Transcribed Image Text:33. A telephone company purchased a microwave radio equipment for P6M. Freight and installation charges amounted to 3% of the purchased price. If the equipment shall be depreciated over a period of 8 years with a salvage value of 5%, determine the depreciation charge during the 5th year using the Sum of Year Digit Method. a. P756,632.78 c. P652,333.33 b. P957,902.56 d. P845, 935.76
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