27. Hero Company purchased an equipment on July 1, 2020. The estimated residual value of the equipment was 50,000, expected life of ten years and production of 400,000 units. In 2020, production had 38,000 units. The depreciation expense recorded using the Straight-Line Method of depreciation during 2020 was 35,000. How much was the cost of the equipment? 300,000 O 400,000 O 650,000 O 750,000 29. Carson Trading purchased an equipment on January 1, 2020 at a cost of P900,000. The expected life of the equipment is 8 years, total production of 450,000 units and total working hours of 8,500. In 2020, production had 38,000 units and 800 working hours. The depreciation expense recorded using the Unit or Production method of depreciation during 2020 was 72.2000. How much was the residual value of the equipment? O 50,000 O 45,000 O 52.500 O 42.500 30. Loki Company made the following expenditures: Architect fee on new building 105,000 Payment to building contractor 7,200,000 Payment of medical bills for employees injured 10,000 Cost of paving driveway and parking lot 30,000 Cost of building permit 35,000 Temporary shelter for construction activities 120,000 Premium on insurance during construction 50,000 Real Property Taxes of Land in arrears 75,000 What is the cost of the new building? O 7.510.000 O 7,535.000 O7.540.000 O 7.615.000