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1. ) An asset is purchased for P9,000 its estimated economic life is 10 years, after which it will be sold for P1000. Solve for

1. ) An asset is purchased for P9,000 its estimated economic life is 10 years, after which it will be sold for

P1000. Solve for the book value after 3 years using SYDM.

Show formulas and clear solution. Thank you.

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