Question: Pls. Answer the fill-in the blanks items. Round-off your final answers to the nearest peso. PROBLEM: Andrew, a sales executive, had the following equipment during

Pls. Answer the fill-in the blanks items. Round-off your final answers to the nearest peso.

PROBLEM:

Andrew, a sales executive, had the following equipment during the year Pick - up used for his daily transport to office P1.200.000 and clients (10 years useful life) Laptop he bought to monitor group sales (5 800,000 years useful life) Personal I - phone used for sales 80.000 communication (5 years useful life) Newly Build residential house (40 years useful life) 2,000,000 Compute the deductible depreciation expense assuming Andrew is a 1. Sales executive P 2. Independent sales agent P

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