A machine has a first cost of P109,264.59 and has an expected salvage value after 10 years P10,033.47. Find the book value after 4 years using declining balance method.
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- A machine has a first cost of P78,862.18 and has an expected salvage value after 10 years P10,946.79. Find the book value after 7 years using declining balance method.An equipment costs P7000 and has a life of 8 years and salvage value of x after 8 years. If the book value of the equipment at the 4th year is equal to P2197.22, compute the salvage value x using the sum of years digit method.An industrial drilling machine has an initial cost of P385,000. Determine the following if the salvage value is P60,000 at the end of its life of 10 years. a) the book value after 4 years using double declining balance method. b) the book value at the end of 6 years by declining balance method.
- A certain equipment costs $7,000 has an economic life of "n" years and a salvage value of $350 at the end of "n" years. If the book value at the end of 4 years is equal to $2197.22, compute the economic life of the equipment using SYDM.Please explain :))A machine costing P250,000 has an estimated life of 15 years with a book value of P30,000 at the end of the period. Compute the book value after 6 years using the declining balance method.An equipment has an initial cost of 20,000 and a salvage value of 5,000 after 12 years. Find the book value after 7 years using double declining balance method.
- A machine costing P720,000.00 is estimated to have a life of 10 years. If the annual rate of depreciation is 25%, determine the total depreciation using the constant percentage or declining balance methodA machine costing P1,500,000.00 has an estimated economic life of 7 years. If the salvage value is P10,000.00 at the end of the 7th year, Find the depreciation in the third year using sum-of-the-years digit methodThe original cost of a certain machine is P150,000.00, has a life of 8 years with a salvage value of P9,000.00. How much is the depreciation on the 5th year, if the constant percentage of declining value is used.
- The first cost of a machine is P1,800,000 with a salvage value of P300,000 at the end of its life of 5 years. Determine the book value after 3 years, using (a) Straight Line Method, (b) Declining Balance Method, and (c) Sum of Years Digit Method.The first cost of a machine is $375,000 with a 7 years life. Annual interest rate is 20% and the expected annual maintenance cost of this machine is $15,000. For each case in the following, calculate the double declining balance depreciation payments if its salvage value is A) $85,000 B) $10,000 C) $35,575.A machine having a certain first cost FC has a life of 10 years and a salvage value of 6% of the first cost at the end of 10 years. If it has a book value of P 45,600 at the end of the 6th year, how much is the first cost of the machine if depreciation is computed using the Matheson's Formula.