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please answer the following Question 14 1 pts Joselyn Company provided the following information about assets in forest plantation: Trees in plantation 5,000,000 Land under

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Question 14 1 pts Joselyn Company provided the following information about assets in forest plantation: Trees in plantation 5,000,000 Land under trees 900,000 Roads in forest 500,000 Animals for recreational 2,000,000 activities Rubber trees and 1,500,000 grabe viness What total amount should be reported as biological assets? 8,400,000 9,900,000 5,000,000 8,500,000Question 15 1 pts On January 1, 2020, Louise Company purchased a new machine for P4,000,000. The new machine has an estimated useful life of eight years and the salvage value was estimated to be P400,000. Depreciation was computed on the sum- of-the-years-digits method. What amount should be shown in the balance sheet as of December 31, 2021, net of accumulated depreciation for this machine? 2,333,333 2,500,000 C 2,100,000 C 2,450,000

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