A printing machine is bought at P1.5 Million and is estimated to have a salvage value of P100,000 after 500,000 copies. The annual cost of renting the space for the business is P80,000, the power cost per copy is P1.50, and the maintenance and paper cost per copy is P4.00. The expected annual production of the machine is 10,000 copies. The annual interest is 15%. Determine the annual depreciation of the machine. O P321,478 P207,642 O P256,325 O P187,445