FORMULABASED SOLUTION PLS

1. Determinethebook value at the end of 4 years of a machine costing $20,000, a serviceable life of 8 years and a salvage value of $2,000 at the end of that time using Soyd method. 2. Amachine costs P7,000, last years and has a salvage value at the end of life of P350. Determine the depreciation charge duringthe 4th year and the book value at the end of 4 years by the DECLINING BALANCE METHOD choices d 3117 e. 2197 1566 SONO choices d. e. 3117 2197 1566 3. Suds-n-Dogsjust purchased new automated wiener handling equipment for $12,000, The salvage value of the equipment is anticipated to be $1,200 at the end ofits five-year life. Using MACRS, determine the depreciation at 4th year