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A P 1, 500, 000.00 equipment has an estimated life of 20 years with a book value of P 250, 000.00 at the end of

A P 1, 500, 000.00 equipment has an estimated life of 20 years with a book value of P 250, 000.00 at the end of the period. What is the depreciation charge and its book value after 10 years using the sinking fund method? Given: Required: Solution

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