You just purchased a personal computer for $1600. It is a 5 year asset and the salavage is s100. Compare the 3 depreciation methods available to you (straight line, sum-of-year-digits and double- declining balance) to determine which method is more advantageous to you in claimning the depreciation of this aseet from your taxes. Given: discount rate of 5% per year. An oil field has about 1,000,000 barells of crude valued at $25/barrel in the ground (i.e., it will be another S10/barrel to extract). The extraction plan of this company is as shown below. Compute the amount of depreciation, they can claim each of the first 4 years of operation. Year Number of Barrels Extracted 200,000 150,000 120,000 100,000