Please answer the following questions in detail in your own words. Paragraph answers for each question.

1.)Describe the shape of the three lines in a depreciation comparison chart depicting straight-line, double declining balance, and sum-of-the-year’s digits depreciation.
2.)What is the purpose of the depreciation summary?
3.)Discuss the different steps in a partial year depreciation calculation versus a full year.
4.)How do you add a new series of data to an existing chart.Please answer the following questions in detail in your own words. Paragraph answers for each question.

1.)Describe the shape of the three lines in a depreciation comparison chart depicting straight-line, double declining balance, and sum-of-the-year’s digits depreciation.
2.)What is the purpose of the depreciation summary?
3.)Discuss the different steps in a partial year depreciation calculation versus a full year.
4.)How do you add a new series of data to an existing chart.