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A machine has a first cost of P 7 3 5 0 0 and a salvage value of P 3 5 0 0 at the

A machine has a first cost of P

73500

and a salvage value of P

3500

at the end of its useful life of

8

years. Evaluate the depreciation of the machine at during the

5

th year using the Matheson's method.

Answer: P

5077

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