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b. A company acquires three assets, namely 1. Drilling equipment...............$1,225,336 2. Generators........ $555,999 3. Mowing machines....valued at $451,222. Each asset is disposed off at

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b. A company acquires three assets, namely 1. Drilling equipment...............$1,225,336 2. Generators........ $555,999 3. Mowing machines....valued at $451,222. Each asset is disposed off at 19.5% of the cost after 8 years, with residual value of i. zero. ii 100k, 114k and 11k, respectively is the disposal profitable or not. state all assumptions made. Assumed

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