For each of the following fixed assets,determine the depreciation expense for Year 3:Disposal date is N/A if asset is still in use.Method: SL = straight-line; DDB = double-declining-balanceAssume the estimated life is five years for each asset. 
Definitions:
Existing Ways
Current methods, practices, or habits that are utilized in any given process or operation.
Performance Improvement
A strategic approach aiming to increase the effectiveness and efficiency of an organization or individual's work.
Transformational Change
A comprehensive shift in the culture, structure, and operations of an organization, leading to significant improvements and lasting effects.
Planned Change
A deliberate effort to modify or transform processes, policies, or practices within an organization.
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