Using a spreadsheet, compute the book values of a $14,000 asset over a seven-year life, with declining balance depreciation (d = 0.25). Also, compute the book values of the $14,000 asset using straight-line depreciation, with a scrap value of $5,000 after seven years. Determine the book values. (Round to the nearest dollar as needed.) Book Value Year Book Value Declining Balance Straight Line 0 $ $ 1 S $ 2 $ $ $ 3 $ $ 4 $ 5 $ $ 6 S $ 7 $