A bank purchased a new office computer and other depreciable computer hardware for $12,000. During the third year, the computer is declared obsolete and is donated to the local community college. Assume that no salvage was initially declared and that the machine was expected to last 5 years.

Compute the PW of the depreciation charges for each method using an interest rate of 10%. Summarize all the information in a table IN EXCEL! and interpret the results.