The first costs of an equipment is P 65,000 and a salvage value of P 3,000 at the end of its 6- year life. Find the book value of the equipment after 4 years using the Straight Line Method. Select...

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Extracted text: The first costs of an equipment is P 65,000 and a salvage value of P 3,000 at the end of its 6- year life. Find the book value of the equipment after 4 years using the Straight Line Method. Select one: O a. P 21,824 O b. P 22,456 O c. P 23,667 O d. P 20,668