At the beginning of the current year, Sensational Company replaced a portion of a building for P2,500,000. Before the replacement, the building and accumulated depreciation accounts were as follows: The portion of the building being replaced had an original cost of P2,000,000. How much is the depreciation expense at the end of the current year? Answer: Answer Question 35 Not yet answered Marked out of 1.00 Scrupulous Company purchased equipment which was installed and put into service January 1,20x1 at a total cost of P1,280,000. Residual value was estimated at P80,000. The equipment is being depreciated over eight years by the double declining balance method. How much is the depreciable amount