Q1. A company purchases an equipment for $160,000 to be used for 12 years. a) Construct the table of the switchover method. Use 125% DB and market value of $25,000 at the EOY 12 (1.25 marks). b) Construct the table of the switchover method. Use 125% DB and market value of $10,000 at the EOY 12 (1.25 marks). You are required to show all calculations. Dropping only the answer in the table is not enough to get the full credits. Clearly, show where the switchover occurs