A contractor imported a bulldozer paying P350k to the manufacturer, freight & insurance charges amounted to P18k, permits & other exp P25k. If the contractor estimates the life of the bulldozer to be 15 years with salvage value of P30k, determine the depreciation at the end of 11 years using SYD Method. a. P51,215 b. P12,155 c. P15,125 d. P15,521

A contractor imported a bulldozer paying P350k to the manufacturer, freight & insurance charges amounted to P18k, permits & other exp P25k. If the contractor estimates the life of the bulldozer to be 15 years with salvage value of P30k, determine the depreciation at the end of 11 years using SYD Method. a. P51,215 b. P12,155 c. P15,125 d. P15,521

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Chapter17: Long-term Investment Analysis

Section: Chapter Questions

Problem 2E

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A contractor imported a bulldozer paying P350k to the manufacturer, freight & insurance charges amounted to P18k, permits & other exp P25k. If the contractor estimates the life of the bulldozer to be 15 years with salvage value of P30k, determine the Total depreciation at the end of 11 years using Sinking fund at 10%. a. P112,718.231 b. P121,718.231 c. P111,718.231 d. P211,718.231
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