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On January 1, 2020, Onetwozero Garage purchased for P800,000 a new equipment having an estimated useful life of 6 years with an estimated salvage value

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On January 1, 2020, Onetwozero Garage purchased for P800,000 a new equipment having an estimated useful life of 6 years with an estimated salvage value of P40,000. 6. Compute for the year 1 depreciation expense using sum-of-the-years'-digits method. Round your answer to whole number. 180,952 126,667 217.143 398,095 7. (Problem 3) Determine the carrying amount of the asset as of December 31,2021 using sum-of-the-years'-digits method. Round your answer to whole number. 546,667 217,143 582,857 401,905 8. (Problem 3) Compute for the year 1 depreciation expense using double-declining-balance method. Round the depreclation rate to whole number (e.g. 17.25\% 17\%). 111,111 176,800 133,333 264.000 9. (Problem 3) Determine the carrying amount of the asset as of December 31, 2021 using double-declining-balance method. 536,000 555.556 359.120 440,880

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