1) A boiler was purchased six years ago at a price of one million pesos and is expected to last nine more years. Depreciation Method uses the Sinking Fund Method with an interest rate of 10% effective. Two years from now, the book value of the boiler is expected to be P 696, 128. 60. a) Find the salvage value of the boiler. ( 10 points ) b) How much the boiler will depreciates seven years from now? (5 points) c) Construct a depreciation table. (15 points ) 3) A concrete electric post for distribution of electrical power was purchased six years ago at a price of P 180,000.00 with a 5% governmental tax due to importation. Freight and transportation expenses amounts to P 18,000.00 with a total miscellaneous expenses of about P 12, 250.00 before operation. The electric post has a 25-year span with a scrap value of P 14, 200.00 and depreciation reserve fund uses the Sum of the Year Digit Method. Find : a) the book value of the post three years from now. (10 points ) b) the cost due to depreciation two years ago. (5 points) c) the total depreciated value ten years before it will be replaced. (5 points)