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In: Economics

An equipment costs Php 2,329,961. At the end of its economic life of 17 years, its...

An equipment costs Php 2,329,961. At the end of its economic life of 17 years, its salvage value is Php 60,758. Using Sum of the Years Digit Method of Depreciation, what will be its depreciation charge for year 8? MANUAL SOLUTIONS

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