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Yami Company started operation in September 15, 2019, and bought a machinery for P1,800,000 in October 1, 2019, the only PPE acquisition made in that

Yami Company started operation in September 15, 2019, and bought a machinery for P1,800,000 in October 1, 2019, the only PPE acquisition made in that year. The machinery is said to last for 10 years with no residual value. Yami uses the Straight Line method. In the Notes to Financial Statement as of December 31, 2020 particularly in the Lapsing Schedule, accumulated depreciation balance of P250,000 is reflected. Yami is said to have purchased Equipment in year 2020.

How much is depreciation expense for the equipment?

20,000

25,000

30,000

How much is depreciation expense 2019?

35,000

40,000

45,000

How much is total depreciation expense 2020?

200,000

205,000

210,000

How much is the accumulated depreciation as of 12/31/2020 for the machinery?

125,000

200,000

225,000

Machinery annual depreciation?

100,000

180,000

240,000

NEED ANSWER ASAP.

WITH SOLUTION PLEASE.

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