badly need this asap. thank you so much will give a thumbs up :))

Christy Company purchased a machine on January 2, 2012, for 500,000. The machine has an estimated useful life of each years and a salvage value of P50,000. Depreciation was computed by the 200% declining-balance method. What should be the depreciation charge for the year ended December 31, 2015? a. 70,313 b. 52,734 c. 47,461 d. 41,870 Eduardo Associates sold office furniture for cash of P27,000. The accumulated depreciation at date of sale amounted to P23,000, and a gain of P9,000 was recognized on the sale. The original cost of the asset must have been? a. 41,000 b. 32,000 c. 59, 000 d. 18, 0001