... investment##P 240 ,500 00## Less: Accum depreciation [(P 240 ,500 - P560)/8 yrs] x 75 yrs## 142 ,46 4 37## Book value, end of lease##P 98,035 63## Divided by remaining years of contract## 75## Annual income. .. bond##P 40 ,000##Interest income from expanded foreign currency deposit## 60,000##Total taxable interest income# #P100,000## Problem � 30 DYear interest income of P4 ,46 1 20 Problem � 31 DRoyalty income. .. error##P450,000##Problem � 44 C Average monthly unreturned change to clients ##P 4, 000##Multiplied by number of months in a year## 12##Illegally obtained income - taxable##P48,000## Problem � 45 Total receipts,