Direction: kindly answer all the given questions in complete solution. Thank you so much

Problem Solving: Depreciation Method 1. An asset will cost $1,750 when purchased this year. It is further expected to have a salvage value of $250 at the end of its five-year depreciable life. Calculate complete depreciation schedules giving the depreciation charge, D(n), and endof-year book value, B(n), for straight-line (SL) 2. A machine has an initial cost of P50,000 and a salvage value of P10,000 after 10 years, a) What is the book value after 5 years using straight lime method b) What is the straight- line method depreciation rate as a percent of initial cost? 3. The cost of equipment is P500,000 and the cost of installation is P30,000. If the salvage value is 10% of the cost of the equipment at the end of 5 years, determine the book value at the end of the fourth year. Use straight line method