the the cost of the land, bu EXERCISE 6-8: Depreciation methods. 2.000.24.com Joo band or a babuloni ad bioriz jord atomo has amaz 1. On January 2, 2020, a new machine was acquired for P400,000. The machine has estimated salvage value of P40,000 and estimated useful life of 10 years. The machine is expected to produce a total of 800,000 units and working hours of 50,000 hours throughout its useful life. The company used the machinery for 3,000 hours in 2020 and 5,000 hours in 2021. The machinery produced 50,000 units in 2020 and 80,000 units in 2021.nz stobenz s Required: Compute the depreciation for 2020 and 2021 using each method given ss below: a. straight-line b. working hours c. output method 2. On July 1, 2020, Dae Su Company purchased for P200,000 snow-making equipment having an estimated useful life of 5 years with an estimated residual EXERCISE Answer 1 Ap anc det is f 2. A an for 3. Am of