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A machine costs of P 8,000 and an estimated life of 10 years with a salvage value of P 500. What is its book value after 8 years using straight line method?
- AP 2,000.00
- BP 2,100.00
- CP 2,200.00
- DP 2,300.00
Correct answer: A
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CCommunity
P 2,000.00