A chip placer has been purchased by SiliconCo for $4500 five years after the original owner, GermaniumCo, purchased it new for $20,000. The purchase price was the book value of the device at the time of purchase. (a) If the depreciation was straight line, what was the charge per year? (3 marks) (b) Use Excel to plot a graph of the Book Value Vs Time for five years in part (a). (4 marks) (c) If the depreciation was declining balance, what was the depreciation rate? (3 marks) (d) Use Excel to plot a graph of the Book Value Vs Time for five years in part (b). (4 marks)

7. A chip placer has been purchased by SiliconCo for $4500 five years after the original owner, GermaniumCo, purchased it new for $20,000. The purchase price was the book value of the device at the time of purchase. (a) If the depreciation was straight line, what was the charge per year? (3 marks) (b) Use Excel to plot a graph of the Book Value Vs Time for five years in part (a). (4 marks) (c) If the depreciation was declining balance, what was the depreciation rate? (3 marks) (d) Use Excel to plot a graph of the Book Value Vs Time for five years in part (b). (4 marks)