Answered: A device costs P20,000. After 7 years,…

A device costs P20,000. After 7 years, it is expected to be worth P6,000. Using the SL method, find the annual depreciation amount. * P14,000 P1,085 P2,000 O P3,714

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Solve what is asked.

A device costs P20,000. After 7 years, it is expected to be worth P6,000.
Using the SL method, find the annual depreciation amount. *
P14,000
P1,085
P2,000
O P3,714

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