4. A machine is bought at P420,000 with an economic life of 6 years and a salvage value of PhP 50,000. The cost of money is 12% per year. Using Sum of Years' Digit Method, determine the book value at the end of 3 years.

Structural Analysis
6th Edition
ISBN:9781337630931
Author:KASSIMALI, Aslam.
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Chapter2: Loads On Structures
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4. A machine is bought at P 420,000 with an economic life of 6 years and a salvage value of PhP
50,000. The cost of money is 12% per year. Using Sum of Years' Digit Method, determine the book
value at the end of 3 years.
A. PhP 264,285.71
B. PhP 155,714.29
C. PhP 254,378.12
D. PhP 178,128.45
Transcribed Image Text:4. A machine is bought at P 420,000 with an economic life of 6 years and a salvage value of PhP 50,000. The cost of money is 12% per year. Using Sum of Years' Digit Method, determine the book value at the end of 3 years. A. PhP 264,285.71 B. PhP 155,714.29 C. PhP 254,378.12 D. PhP 178,128.45
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