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A machine costing P720,000 is estimated to have a life of 10 years. If the annual rate of depreciation is 25%, determine the total depreciation
A machine costing P720,000 is estimated to have a life of 10 years. If the annual rate of depreciation is 25%, determine the total depreciation using a constant percentage of the declining balance method.
- A. P679,454.27
- B. P532,825.73
- C. P432,725.45
- D. P764,243.33
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