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MANUAL SOLUTIONS PLEASE A coin machine costing Php 247,099 has a salvage value of Php 21,519 at the end of its economic life of five

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MANUAL SOLUTIONS PLEASE

A coin machine costing Php 247,099 has a salvage value of Php 21,519 at the end of its economic life of five years. Determine the annual depreciation for the third year only. The schedule of production per year is as follows: Year 1 2 3 4 5 No. of Coins 97,390 77,336 54,380 37,962 18,883

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