11. An asset has an unadjusted basis of BD200,000, a salvage value of BD10,000, and a recovery period of 7 years. a. Draw the cash flow diagram and interpret it to determine the book value for first 5 years using sum of year's method. (10 marks) b. If this asset is further invested in business further on differentiate between the term partnership and individual ownership. ( 4 marks) 12. Consider the two competing projects, for which MARR =15%. Project A needs an investment of BD 150,000 which provide an annual net cash flow of BD20,000 for nine years. Project B needs an investment of BD120,000 which provide an annual net cash flow of BD30,000 for four years. Solve to determine, which of these projects is acceptable or not using IRR as the basis? (16 marks)