1. A TV company purchased a machinery for P 100,000.00 on July 1 , 2015. It is estimated that it will have a useful life of 10 years; scrap value of P4,000.00; production of 400,00 units and working hours of 120,000 . The company uses the machinery for 14,000 hours in 2015 and 18,000 hours in 2016 . The machinery produces 36,000 units in 2015 and 44,000 units in 2016. Compute the depreciation for 2016 using each method given below: a. Straight Line Method(SLM) b. Working Hours c. Output method