Hempstead Industries has a new milling machine with B = $110,000, n = 10 years, and S = $10,000. Determine the depreciation schedule and present worth of depreciation at i = 12% per year, using the 175% DB method for the first 5 years and switching to the classical SL method for the last 5 years. Use a spreadsheet to solve this problem and plot the book values.

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