A plastic plant worth $ 237,892 had a useful life of 12 years and a scrap value of $ 10,531. However, after 3 years of operation, it got washed away by a tsunami, making it a total loss. How much money would have to be raised to put a new plant costing $ 272,965, if a fund reserve was maintained during its 3 years operation using the Declining Balance method? A man bought a highly sophisticated set of computer worth P 740,465, which will last for 9. The interest rate is 22% compounded annually, find the accumulated depreciation on the 5th, year, using the Sinking Fund Method