An asset is purchased for P500, 000.00. The salvage value in 25 years is P100, 000.00. What is the total depreciation in the first three years using straight– line method? а. Р24, 000.00 b. Р32, 000.00 C. P48, 000.00 d. P16, 000.00

Fundamentals Of Construction Estimating
4th Edition
ISBN:9781337399395
Author:Pratt, David J.
Publisher:Pratt, David J.
Chapter9: Pricing Construction Equipment
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#16, ENGINEERING ECONOMICS

An asset is purchased for P500, 000.00. The salvage value in 25 years is
P100, 000.00. What is the total depreciation in the first three years using
straight- line method?
a. P24, 000.00
b. P32, 000.00
C. P48, 000.00
d. P16, 000.00
Transcribed Image Text:An asset is purchased for P500, 000.00. The salvage value in 25 years is P100, 000.00. What is the total depreciation in the first three years using straight- line method? a. P24, 000.00 b. P32, 000.00 C. P48, 000.00 d. P16, 000.00
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