49. Tony bought equipment which cost P320000. Freight and installation expenses cost him P15,000 if the life of the equipment is 15 years with an estimated salvage value of P90,000. Find its book value after 3 years using the straight line method a. P 286000 b. P 272000 P 195000 C. d. P 270000 e. None of the above

Fundamentals Of Construction Estimating
4th Edition
ISBN:9781337399395
Author:Pratt, David J.
Publisher:Pratt, David J.
Chapter9: Pricing Construction Equipment
Section: Chapter Questions
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49. Tony bought equipment which cost P320000. Freight and installation expenses cost him P15,000
if the life of the equipment is 15 years with an estimated salvage value of P90,000. Find its book
value after 3 years using the straight line method
a. P 286000
b. P 272000
P 195000
C.
d. P 270000
e. None of the above
Transcribed Image Text:49. Tony bought equipment which cost P320000. Freight and installation expenses cost him P15,000 if the life of the equipment is 15 years with an estimated salvage value of P90,000. Find its book value after 3 years using the straight line method a. P 286000 b. P 272000 P 195000 C. d. P 270000 e. None of the above
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