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Economics

1.A boiler was purchased in 2015 for P12,856,863 with an expected life of 14 years. If its salvage value is expected to be zero, what will the depreciation charge in the 9th year using the SYD method?

2.A used piece of depreciable property was bought for P74.835. If it has a useful life of 13 years and a salvage value of P13,548, how much will it be depreciated in the 9th year. Use declining balance method.

3.A machine costs P725,801 with a scrap value of 10% of the original price at the end of its life of 7 years. What is the annual depreciation by sinking fund at 20%?

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