AEC purchased an equipment for its manufacturing plant that costs PhP 2 500 000. It is estimated to have a useful life of 20 years; scrap value of PhP 200 000, production of 10 000 000 units and working hours of 100 000 hours. The company uses the equipment for 7 000 hours and produced 600 000 units on the first year and 7 500 hours and produced 800 000 units on the second year. Compute the book value after the second year using each method given below: a. Straight Line b. Working Hours c. Output Method d. Sinking Fund Method, i = 8% e. Sum of Years Digit Method f. Declining Balance Method g. Double-Declining Balance Method