MERCY

1. An equipment has a first cost of $10,000 a salvage value of P1000 at the end of 10 years. Determine the book value after 5 years using declining balance method. 2. A generator has a first cost of P395,000 installation cost of $25,000 has an estimated salvage value of $25,000 after 5 years. Using sum of the year digits method, determine the book value after 4 years 3. An equipment has a first cost of $25,000 has a salvage value of P3000 after 8 years. What is the depreciation after 4 years using declining balance method