Question: Show complete computations. (Handwritten) Use continuous computations, round off your final answers to two (2) decimal places. An equipment costs Php 10,000 with a salvage

 Show complete computations. (Handwritten) Use continuous computations, round off your final

Show complete computations. (Handwritten)

Use continuous computations, round off your final answers to two (2) decimal places.

An equipment costs Php 10,000 with a salvage value of Php 500 at the end of 10 years. Calculate the total depreciation charge and book value at the end of 7 years using: a. straight line method depreciation charge: Php book value: Php b. sinking fund method at 4% interest depreciation charge: Php book value: Php c. declining balance method depreciation charge: Php book value: Php d. double declining balance method depreciation charge: Php book value: Php e. sum of the year's digit method depreciation charge: Php book value: Php

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