40 Consider the following data on an asset: Cost of the asset, $235,000 Useful life, N 5 years Salvage value, S $60,000 Compute the annual depreciation allowances and the resulting book values, using (1) the straight-line depreciation method, and (b) the double-declining-balance method. (4 points) 40) Describe the steps to conduct incremental analysis using BCR or IRR in determining the ranking of mutually exclusive projects. (3)