2) (20 Points) A company purchased 20 new automobiles at a cost of $20,000 each. The useful life of the cars is 6 years. The salvage value of the car is $3000. A) Compute the depreciation for these two methods over the years under Double declining balance method (DDB) and MACRS. B) Draw CFD for the depreciation cost for each method. C) If interest rate is 3% find the PW of each CFD.D) Which method should be selected? 2) (20 Points) A company purchased 20 new automobiles at a cost of $20,000 each. The useful life of the cars is 6 years. The salvage value of the car is $3000. A) Compute the depreciation for these two methods over the years under Double declining balance method (DDB) and MACRS. B) Draw CFD for the depreciation cost for each method. C) If interest rate is 3% find the PW of each CFD.D) Which method should be selected