Using information presented below. Create a dynamic model to compute and compare $($provide inferences and interpretation$)$ the various depreciation approaches and present the final depreciation schedule on a Graph. The graph needs to be linked with the Input Details and, therefore, dynamic.

User Input:

Purchase price of Asset $-$$$240,000$

Salvage value of Asset $-$$$4,000$

Useful life of Asset $-10$ years

Start year of Use of

Asset $-2024$

The different depreciation approaches to be considered for the model:

$1.$ Straight$-$Line

$2.$ Fixed Declining

$3.$ Double Declining

$4.$ Sum$-$Of$-$The$-$Years$-$Digits

$5.$ Variable Declining Balance

Please solve this question fully with all the steps and explanation. Thank you