Power to a remote transmitting station is provided by a Diesel generator unit. The original cost...

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Power to a remote transmitting station is provided by a Diesel generator unit. The original cost of the unit is Php 65,000. It costs Php 2,000 to ship the unit to the job site. An additional cost of Php 3,000 was incurred for installation. Determine the annual depreciation cost by the sinking fund method. Assume that the annual charge for depreciation was deposited in a fund drawing compound interest at the rate of 5%. (10 pts) Power to a remote transmitting station is provided by a Diesel generator unit. The original cost of the unit is Php 65,000. It costs Php 2,000 to ship the unit to the job site. An additional cost of Php 3,000 was incurred for installation. Determine the annual depreciation cost by the sinking fund method. Assume that the annual charge for depreciation was deposited in a fund drawing compound interest at the rate of 5%. (10 pts)

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Giveu original cost shif lost 2000 additional cost 3000 T... View the full answer