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 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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