The first cost of a certain piece of equipment is Php50,000. It will have an annual operating cost of Php20,000 and Php5,000 salvage value after its 5 year life. At an interest rate of 10% per year,...

The first cost of a certain piece of equipment is Php50,000. It will have an annual operating cost of Php20,000 and Php5,000 salvage value after its 5 year life. At an interest rate of 10% per year, the capitalized cost of the equipment is,,, ANSWER WITH COMPLETE ANSWER