1. An industrial plant bought a generator set for P120,000. Other expenses including installation amounted P20,000. The generator set is to have a life of 17 years with a salvage value at the end of the life of P2,000. Determine the depreciation charge during the 9th year and the book value at the end of 9 years by (A) Declining balance method (b) sinking fund method at 9% and (c)SYD Method 2. A machine costs P7,000, last 8 years and has a salvage value at the end of life P350. Determine the depreciation charge during 4th year and the book value at the end of 4 years by (a) Straight line method (b) declining balance method (c) SYDM (d) sinking fund method with interest at 12% 3. A telephone company purchased a microwave radio equipment for P6,000,000. Freight and installation charges to 3% of the purchase price. If the equipment shall be depreciated over a period of 8 years with a salvage value of 5% a)Annual depreciation charge using straight line method. B) determine depreciation charge during 5th year using sum-of-the-years-digit method