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A plant asset was purchased for P19,000 on January 1, 2011 with a residual value and useful life of five years. In 2014, the total

A plant asset was purchased for P19,000 on January 1, 2011 with a residual value and useful life of five years. In 2014, the total useful life is re-estimated to be seven years and the estimated salvage value is assumed to be zero. Sum of years' digits depreciation is used. What is the depreciation expense in 2014? O a) P2,340 Ob) P2,160 O c) P1,350 O d) P1,210

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