An equipment costing P$250,000$ has an estimated life of $15$ years with a book value of P$30,000$ at

the end of the period. Compute the depreciation charge and its book value after $10$ years using

declining balance method.

Ans. BV $=$ P$60,832\mathrm{.}80$

d $=$ P$9,234\mathrm{.}93$