1294. 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 ? September 7, 2025 by Admin A. P 2,000.00 B. P 2,100.00 C. P 2,200.00 D. P 2,300.00 ✅ The correct answer is option A.