Problem Solving An equipment was bough at P987,000 and expected to have a value of 12% of the original cost at end of 13 years. (i = 9.7% if needed.) Determine: *Note: SLM - Straight Line Method SFM - Sinking Fund Method SOY - Sum of the Years Method DBM - Declining Balance Method DDB - Double Declining Balance Method Format of answers: PhP XXX XXX.XX 1A. Accumulated depreciation at end of 8th year using SLM: 5 points Your answer 1B. Depreciation Charge at 9th year using SLM: 5 points Your answer 1C. Book value at end of 5th year using SLM: 5 points Your answer 2A. Accumulated depreciation at end of 8th year using SFM: 5 points Your answer 2B. Depreciation Charge at 9th year using SFM: 5 points