A Construction firm bought one (1) unit Luffer type 50 Tons capacity tower crane and one(1) unit twin cage hoist elevator for their high rise building project for P 6,000,000. Freight and installation cost amounted to 3% of the original price. If the equipment shall be depreciated over a period of 20 years at a salvage value of 5%. What is the book value at the end of 13 years using the following method;

Declining balance method (5pts)

a. P 881,696.22              b. P 810,135.12               c. P 918,520                             d. P 741,200.08

Double declining balance method(5pts)

a. P 1,427,354               b. P1,430,455                   c. P 1,570,873                         d. P 1,415,200

Sinking fund method at 12% interest(5pts)

a. P 3,727,354               b. P 3,950,558                  c. P 3,896,123                         d. P 401,200

SYD method(5pts)

a. P 1,091,800               b. P1, 123,215                  c. P 1,290,520                         d. P1,141,200