Make a schedule for all the examples provided for the following Depreciation Methods a. Straight Line Method b. Sinking Fund Method C: Matheson's Formula (2 problems) d. Double Declining Balance Method .e. . Sum of the Years Digit Method An electronic balance costs P90,000 and has an estimated salvage value of P8,000 at the end of its 10years lifetime. What would be the book value after 3years using the straight line method in solving for the depreciation? A firm bought equipment for P560,000. Other expenses including installation amounted to P4000. The equipment is expected to have a life of 16years with a salvage value of 10% of the original cost of the equipment. Determine the book value at the end of 12years by sinking fund method at 12% interest. A certain type of machine loses 10% of its value each year. The machine costs P20,000 originally. Make out a schedule showing the yearly depreciation, the total depreciation and the book value at the end of each year for 5years. Determine the rate of depreciation, the total depreciation up to the end of the 8th year and the book value at the end of 8 years for an asset that costs P15,000 new and has an estimated scrap value of P2,000 at the end of 10 years by (a) the declining balance method and (b) the double declining balance method. A structure costs P120,000. It is estimated to have a life of 5years, with a salvage value at the end of its life of P1,000. Determine the book value at the end of each year of life. Use sum-of-the-years'- digit method