Problem
GINDA decided to change its depreciation method for its computer hardware from straight-line to SYD beginning January 1, 2021.
The computer hardware has a 5% salvage value and an estimated useful life of 5 years. The following computer purchases were made by GINDA at the beginning of each year.
2018 - P 90,000
2019 - 50,000
2020 - 60,000
What is the depreciation expense for the year 2021?