1. Alpha Company depreciates its fixed assets at 10% per annum and maintains salvage value at 10%% of acquisition cost. On March 1, 2021 it acquired a set of table and chairs for the manager's office for P82,000 cash. On August 16, 2021, it acquired two computers at a purchase price per unit of P70,000. 2. Bravo Company has been operating for several years now. Its Office Equipment account as of January 1, 2021 has a balance of P950,000 with accumulated depreciation of P220,600. On June 16, 2021 a lap top was acquired for P100,000. All office equipment of the firm has estimated useful life of 10 years with salvage value of 10% of acquisition cost. 3. The furniture and fixtures of Charlie Company are depreciated for 20 years without salvage value. As of December 31, 2021, the fixed asset account is composed of: (a) Furniture and fixtures for the three floors of the building acquired on March 1, 2020 at a lump-sum price of P500,000, and (b) Cabinets and dividers acquired on September 1, 2021 at a cash price of P75,000. 4. Delta Company depreciates its fixed assets at a uniform rate of 10% with scrap value equal to 10% of cost. Its Transportation Equipment account has a balance of P710,000 on December 31, 2021. On May 31, 2021, a business vehicle was acquired for P140,000