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Secret Company estimated that the said machine acquired last January 2, 2021 has a residual value of P30,000. Its expected life is ten years and

Secret Company estimated that the said machine acquired last January 2, 2021 has a residual value of P30,000. Its expected life is ten years and production of 400,000 units. In 2021, Secret Company produced 36,000 units. Compute for the depreciation expense for the year using the Output or Production Method of Depreciation.

Group of answer choices

39,645

40,545

44,050

45,050

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