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The first of certain equipment is P3,000,000.00 with a freight cost of P200,000.00 and taxes and legal fee of P360,000.00. if the salvage value of

The first of certain equipment is P3,000,000.00 with a freight cost of P200,000.00 and taxes and legal fee of P360,000.00. if the salvage value of the machine is P300,0000 with an expected life of 8 years. Find the total depreciation at the end of 5th year. Using a) a) straight line method b) declining balanced method c) sinking fund method d) sum-of-year-digit method. Use r = 5%

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