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UTRGV Depreciation Ratio Charts Analysis Project

2. Compute the ratio of accumulated depreciation to gross property and equipment for each year. Assume all assets are depreciable.3. Prepare the following three charts in Excel.•Chart 1: A bar chart showing accumulated depreciation and gross property and equipment per year over the 10-year period.•Chart 2: A line chart showing property and equipment additions over the 10-year period, with the earliest year on the left hand side. Hint: To reverse the order of the years, right-click inside the horizontal axis. A Format Axis sidebar will appear. Open the bar chart icon tab. Click Categories in reverse order under Axis options.

Chart 3: A line chart showing the ratio of accumulated depreciation to gross property and equipment over the 10-year period

. Chart 3: A line chart showing the ratio of accumulated depreciation to gross property and equipment over the 10-year period

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