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A lathe machine costs P300,000 brand new. The machine is expected to last for 28500 hours in a period of 5 years. In the first
A lathe machine costs P300,000 brand new. The machine is expected to last for 28500
hours in a period of 5 years. In the first year of service, it was used for 8000 hours. If the
book value after the 1st year is P220,000, compute for its salvage value.
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