Answer:
Machine's useful number of years = 9 years
Explanation:
Using the straight line method, depreciation is calculated as the difference between the cost of the equipment minus the salvage value, all divided by the number of useful years.
Yearly Depreciation
= (Cost - Salvage value) ÷ (Number of useful years)
Yearly depreciation = P20,000
Cost = P200,000
Salvage Value = P20,000
Number of useful years = n
20000 = (200000 - 20000) ÷ n
20000 = (180000/n)
n = (180000/20000) = 9 years
Hope this Helps!!!