What is the book value of an equipment after 3 years using SOYD if it has economic life of 7 years and with FC of ₱220000? The salvage of the equipment is ₱30000.   a. ₱106428.86   b. ₱115633.21 c. ₱109377.77

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
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Chapter9: Capital Budgeting And Cash Flow Analysis
Section9.A: Depreciation
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What is the book value of an equipment after 3 years using SOYD if it has economic life of 7 years and with FC of ₱220000? The salvage of the equipment is ₱30000.  

a. ₱106428.86  

b. ₱115633.21

c. ₱109377.77  

d. ₱111791.11

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Section 179 Deduction and Modified Accelerated Cost Recovery System (MACRS) Depreciation
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