A small machine costing P80,000 has a salvage value of x at the end of its life of 5 years. The book value at the end of the 4th year is P22,400. What is the value of x using the straight line method depreciation?

Structural Analysis
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ISBN:9781337630931
Author:KASSIMALI, Aslam.
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Chapter2: Loads On Structures
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Subject: Engineering economy

A small machine costing P80,000 has a salvage value of x at the end of its life of 5 years. The book value at the end of the 4th year is P22,400. What is the value of x using the straight line method depreciation?

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