what is the carrying value of the machinery on december 31, 2025? what is the depreciation for the year ended december 31, 2026?

PROBLEM 5 (Nos. 9 and 10 are based on the following problem) E Company purchased a machinery on January 1, 2023 amounting to P750,000. It was estimated to have a useful life of 10 years and residual value of P30,000. The company used the 150% declining balance method of depreciation. At the beginning of 2026 , management decided to change its depreciation method to SYD, at which time, the remaining useful life of the machinery was estimated to be 5 years, with residual value of P15,000. 9. What is the carrying value of the machinery on December 31,2025 ? 10. What is the depreciation expense for the year ended December 31,2026