Question: A man bought a machine for P743591 which has useful life of 5 years. It has a salvage value of P20,000. Using the Sinking Fund

A man bought a machine for P743591 which has useful life of 5 years. It has a salvage value of P20,000. Using the Sinking Fund Method with i = 23% cpd. annually, find the book value at year 3

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