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Compute the book value at the end of the second year

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A machine was bought at P 400,000 with salvage value of P20,000 having an expected life of 6 years. During the first year, it was used for 4000 hours and 6000 hours for second year. Compute the book value at the end of the second year if the machine is to last for 38,000 hours in a period of 6 years.

Reference no: EM132639553

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