13. Excel application. On 10 January 20x4, TPL Corporation purchased equipment for use in its operations. TPL made a down payment on the equipment of $25,000 and financed the remainder of its S65,000 total cost with a 6 percent, one-year note payable. TPL expects to use the equipment for five years and plans to sell it for $3,000 at the end of that time. Use appropriate Excel formulas to create depreciation schedules for the equipment using both straight-line and sum-of-the-years digits depreciation. Check figures: Year 3 book value using straight-line $27,800. Year 4 depreciation expense using SYD-$8.267.)