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Question 3 (25 pts) Consider the following data on an asset: Cost of the asset, $300,000 Useful life, N 6 years Salvage value, s $

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Question 3 (25 pts) Consider the following data on an asset: Cost of the asset, $300,000 Useful life, N 6 years Salvage value, s $ 60,000 Compute the annual depreciation allowances and the resulting book values, using a) (12 pts) The straight-line depreciation method. b) (13 pts) The double-declining-balance method (as always, you must ensure that the last book value is equal to the salvage value). Report your solutions for each method in the following format: B / D. B. 2 3 4 ou 6

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