Problem 1: A civil engineer bought a crane for erecting tall buildings. It was invoiced from Japan (Cost, Insurance, freight) to Manila ay P 60, 000. Brokerage, custom's, permits and etc. total P 120,000. At the end of 10 years, he expects to sell it for P 70,000. Tabulate and determine the depreciation charge during the 4th year and the book value at the end of 6th year(show solution at these years) using the following: a. Straight Line Formula YEAR BOOK VALUE AT THE ANNUAL BOOK VALUE AT THE BEGINNING OF THE YEAR DEPRECIATION COST END OF THE YEAR
Problem 1: A civil engineer bought a crane for erecting tall buildings. It was invoiced from Japan (Cost, Insurance, freight) to Manila ay P 60, 000. Brokerage, custom's, permits and etc. total P 120,000. At the end of 10 years, he expects to sell it for P 70,000. Tabulate and determine the depreciation charge during the 4th year and the book value at the end of 6th year(show solution at these years) using the following: a. Straight Line Formula YEAR BOOK VALUE AT THE ANNUAL BOOK VALUE AT THE BEGINNING OF THE YEAR DEPRECIATION COST END OF THE YEAR
Chapter2: Loads On Structures
Section: Chapter Questions
Problem 1P
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A civil engineer bought a crane for erecting tall buildings. It was invoiced from Japan (Cost,
Insurance, freight) to Manila ay P 60, 000. Brokerage, custom’s, permits and etc. total P 120,000. At the end of
10 years, he expects to sell it for P 70,000. Tabulate and determine the depreciation charge during the 4th year and
the book value at the end of 6th year(show solution at these years) using the following: Show solutions for the first 2 yrs
Transcribed Image Text:Problem 1: A civil engineer bought a crane for erecting tall buildings. It was invoiced from Japan (Cost,
Insurance, freight) to Manila ay P 60, 000. Brokerage, custom's, permits and etc. total P 120,000. At the end of
10 years, he expects to sell it for P 70,000. Tabulate and determine the depreciation charge during the 4th year and
the book value at the end of 6th year(show solution at these years) using the following:
a. Straight Line Formula
BOOK VALUE AT THE
ANNUAL
BOOK VALUE AT THE
YEAR
BEGINNING OF THE YEAR
DEPRECIATION COST
END OF THE YEAR
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