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How much is the depreciation expense on store equipment for the year 2021? (2 Points) The following data relate to store equipment of Blue Company:

image text in transcribed How much is the depreciation expense on store equipment for the year 2021? (2 Points) The following data relate to store equipment of Blue Company: Dec. 31,2021 Store equipment Accumulated depreciation Dec. 31,2020 P1,450,000 580,000 1,750,000 600,000 During the year 2021, store equipment costing P300,000 was sold for P210,000, resulting in a gain of P30,000. P80,000 P100,000 P110,000 P140,000

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