29. King Company made the following expenditures: Continuing and frequent repairs 400,000 Repainted the plant building 100,000 Major improvements to the electrical wiring system 300,000 Partial replacement of roof tiles 140,000 What amount should be charged to repair and maintenance expense? a. 960,000 b. 820,000 C. 640,000 d. 540,000 30. On January 1, 2016, a company purchased a large quantity of personal computers. The cost of these computers was P6,000,000. On the date of purchase, the management estimated that the computers would last approximately 4 years and would have a residual value at that time of P600,000. The entity used the double declining balance method. During January 2017, the management realized that technological advancements had made the computers virtually obsolete and that they would have to be replaced. Management proposed changing the remaining useful life of the computers to 2 years. What is the depreciation expense for 2017? a. 3,000,000 b. 2,400,000 C. 1,500,000 d. 1,200,000