John bought a machine set for P90,000. Other expenses including installation amounted to P10,000. The machine set is to have a life of 17 years with a salvage value of P5,000. Determine the depreciation charge during the 13th year and the book value at the end of 13 years by a.) Declining balance method b.) Double declining balance method c.) Sinking fund method at 12% d.) Sum-of-the-years-digit method

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