A machine costs P7,000, last 8 years and has a salvage value at the end of life of P350. Determine thedepreciation charge during the 4th year and the book value at the end of 4 years by:a. Straight...

A machine costs P7,000, last 8 years and has a salvage value at the end of life of P350. Determine the depreciation charge during the 4th year and the book value at the end of 4 years by: a. Straight Line Method b. Declining Balance Method c. SYD Method d. Sinking Fund Method Interest is at 12%.