4. LebFarm Inc., a large agricultural products corporation in Lebanon, purchased a state-of-the-art ground-leveling unite for wheat field preparation for $95,000. The unit has an anticipated life of 10 years and a salvage value of $15,000. a. Using the table below, calculate the annual book value and the SL depreciation for 10 years. b. Using the table below, calculate and compare the schedules for each annual depreciation and book value using two methods: DB (at 150% of the straight-line rate) and DDB. c. On the same diagram provided, plot the book values of the SL, DB, and DDB. d. What is the book value at year 11 and year 12 using straight-line method? Justify. e. For tax depreciation, should the above company use MACRS method? Justify Straight Line Declining balance (DB), S Double declining balance (DDB), $ Year t Book lue D(t) DB book value D(t) DDB valu 0 1 2 3 4 5 6 7 8 9 10 4. LebFarm Inc., a large agricultural products corporation in Lebanon, purchased a state-of-the-art ground-leveling unite for wheat field preparation for $95,000. The unit has an anticipated life of 10 years and a salvage value of $15,000. a. Using the table below, calculate the annual book value and the SL depreciation for 10 years. b. Using the table below, calculate and compare the schedules for each annual depreciation and book value using two methods: DB (at 150% of the straight-line rate) and DDB. c. On the same diagram provided, plot the book values of the SL, DB, and DDB. d. What is the book value at year 11 and year 12 using straight-line method? Justify. e. For tax depreciation, should the above company use MACRS method? Justify Straight Line Declining balance (DB), S Double declining balance (DDB), $ Year t Book lue D(t) DB book value D(t) DDB valu 0 1 2 3 4 5 6 7 8 9 10