Question: The Financial officer at RGIT wants 1you to develop an application that will evaluate the company's asset's annual depreciation using the doubledeclining balance and sumofthe

The Financial officer at RGIT wants 1you to develop an application that will evaluate the company's asset's annual depreciation using the doubledeclining balance and sumofthe vears' digit method. The Financial officer will enter the asset's cost, useful life [in vears}, and salvage value [which is the value ofthe asset at the end of its useful life}. The sample of the application can be seen in Figure 2. The interface provides text boxes for entering the asset cost and salvage value. It also provides a list box for selecting the useful life, which ranges from 3 to 21C} vears. The depreciation amounts are displaved in the list boxes. [You can use the BBB and S'r'D functions in Microsoft Excel to verify.r the amounts shown in Figure 2 are correct}. Create a windows form application using the name RGIT annual asset depreciation App. You can use the visual basic's Financial.DDB method to calculate the doubledeclining balance depreciation and use its Financial.5'r'D method to calculate the sumofthevears' digit depreciation. The Financial.DDE method svntax is FinancialDDB {cost, salvage, life, period]. The Financial.S'fD method svntax is Financial.5'fD {cost, salvage, life, period}. In both svntaxes, the cost, salvage and life arguments are the asset's cost, salvage value and useful life respectively. The period argument is the period for which vou want the depreciation amount calculated. Both methods return the depreciation amount as double number. lCode the application, save the solution and run the application
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