Exercise 3 The manager of a Glidden Paint manufacturing plant is planning to use SL, DDB or MACRS to compare the total depreciation of the first 3 years for a recently purchased mixer that has a first cost of 300,000 QAR, a 5-year recovery period, and a 60,000 QAR salvage value. Find total depreciation of the first three years and the book value at year 3 using SL, DDB and MACRS. Exercise 4 Complete the last four columns of the table below using an effective tax rate of 40% for an asset that has a first cost of 20,000 QAR and a 3-year recovery period with salvage value of 2,000 using straight line depreciation. All cash flows are in 1,000 units