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Question 19 6 pts For Nos. 27-29: KT company is contemplating the purchase of a large stamping machine which will cost P180.000. With additional
Question 19 6 pts For Nos. 27-29: KT company is contemplating the purchase of a large stamping machine which will cost P180.000. With additional transportation and installation costs of $5,000 and $10,000. Its market value at the end of 5 years is estimated at $40,000 27. What is the depreciation expense of the stamping machine on the 4th year using declining balance? A. P20.468.47 B. 28.098.31 C.P52.950.51 D.P38.572 27 28. What is the accumulated depreciation of the stamping machine at the end of year 4 using declining balance AP119.621.09 P91.522.78 C. P140,089.56 DP52.95051 29. What is the book value of the stamping machine at the end of year 4 using declining balance? AP54.910.44 BP103477.22 C.P75.378.91 D.P142.049.49
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