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Problem 3.5 Penny and Daughter's construction business is considering purchasing a new Bobcat. The equipment will cost $165,000 and is expected to last 10 years

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Problem 3.5 Penny and Daughter's construction business is considering purchasing a new Bobcat. The equipment will cost $165,000 and is expected to last 10 years The Bobcat has a salvage vale of $7,000 Calculate the depreciation AND book value for each year. You can create one table for a-d or you can create different tables for each This problem will need to be done in excel. [30 points} at Use straight-line depreciation, (5 points}

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