5.

* 1 point

ii-neovoniceranY acquired a machine in the lust week el July 2010paid the lollcsung

Installauon cost 40.800

"la'
ICectlitetrrtafi iIVZ tiot th e n:::::r
e ' t
40,003

th=gi 'r
aCte siZ141'or201101101°hCo=1111"12h aDs
horui rit IOIC:
lyeTir=c,P
working hours method of depreciates Vn December 31. 2011. Me corning amain; of the machine is

Your answer

6. On January 1, 2010, Dan Company 1 point

purchased a new machine for
P2,000,000. The new machine has an
estimated useful life of eight years and
the salvage value was estimated to be
P 200,00 0 D ep reciat ion was comp u t ed
on the sum of the years' digits method.
What amount should be shown in Dan's
balance sheet at December 31, 2011, net
of accumulated depreciation for this
machine? *

Your answer