Consider the following data on the asset:
Cost of the asset, I = $100,000
Useful life, N = 5 years
Salvage value, S = $10,000
a. Compute the annual depreciation allowances and the resulting book values, using the straight-line depreciation method. List Bn and Dn values for year 4.
b. Compute the annual depreciation allowances and the resulting book values, using the double-declining balance method. List Bn and Dn values for year 4.