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A unit of welding machine costs P48,500 with an estimated life of 5 years. Its salvage value is P2.000.00. Find its book value after 2

A unit of welding machine costs P48,500 with an estimated life of 5 years. Its salvage value is P2.000.00. Find its book value after 2 years by sinking fund method if the rate is 8% annually. *CASH FLOW Diagram Needed

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