Show full solution, Do not use Excel Spreadsheet, Draw cashflow diagrams where applicable

3. You asked your assistant to send you the depreciation charges of an asset the company you work for owns. The table he sent you shows the annual depreciation charges of the asset calculated by four different depreciation methods. Unfortunately, your assistant forgot to send you the column headings and the cost basis of the asset. All you know is that the salvage value of the asset is $4,500 and D=18.71% (for declining balance method). Your assistant is now out of town and out of reach for the whole weekend. You need the analysis by Monday morning and have to move on with the data you have. Look at the table and determine which column is straight line, declining-balance, sum-of-years-digits, and units of production. You MUST provide samples of calculations or explanations for all of the methods. "Method of elimination is not accepted as one of your solutions or explanations. (4 Marks) Year 1 2 1400 3 Method A (8) Method B (5) Method C (5) Method D (S) 2918.76 1850 3171.43 2050 2372.66 1850 2642.86 1928.74 1850 2114.29 2050 1567.87 1850 1585.71 1300 1274.52 1850 1057.14 2100 1036.06 1850 528.57 2200 4 5 6 A. B. C D