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Samson bought a new cutting machine for P5,000,000.00. The machine could be sold for P50,000.00 after 20 years of use. What is the Book Value

Samson bought a new cutting machine for P5,000,000.00. The machine could be sold for P50,000.00 after 20 years of use. What is the Book Value of the machine after 12 years? Compute using a) Straight Line Method and b) any other accepted method.

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