Ranjit wants to sell a national car which has been used for five years. The vehicle cost him RM62,000 when it was purchased brand new. The car is estimated to have a scrap value of RM8,000 after 15 years. He asked two agents to sell his vehicle. Agent A uses the declining balance method to calculate depreciation while agent B uses the sum-of-year digits method. (a) Construct the depreciation schedule for the first five years for each method. (Reminder: Round it off to the nearest two decimal places for the rate of depreciation, r ) (15 marks) (CLO2:PLO2:C2)(CLO2:PLO7:C2) (b) Which agent should Ranjit choose to sell his car? Why? (2 marks) (CLO2:PLO2:C4)(CLO2:PLO2:C4)