Please answer bearing in mind that this is an MBA class:

Evaluate the four methods of valuing assets and explain the strengths and weaknesses of each.

1. Price-level adjusted historical costAvaluation method that adjusts the asset's historical cost, based on the general rate of inflation.
2. Net realizable valueAvaluation method based on the amount received if it were sold, net any costs related to the sale.
3. Future profitsAvaluation method requiring each asset be valued on the basis of the amount of additional profits that can be generated using the asset.
4. . Replacement costAvaluation method under which each asset is valued at the amount it would cost to replace the asset