A company buys two machines. Both machines are expected to last 14 years, and each has a salvage value of P1,050. Machine A costs P2,450, while Machine B costs Y. the depreciation method used for Machine A is the straight line method, while the depreciation method used for Machine B is the sum of the years digits method. The present value of the depreciation charges made at the end of each year for Machine A and B are equal. If the effective rate of interest is 10%, calculate Y.