Please read the information in the Case Study: Hertz Global Hertz Global Holdings.pdfand write a report to answer the following three questions:1. What percentage of its revenue-earning equipment does Hertz depreciate each year? (20 points)2. Do the Changes in Hertz’s depreciation of its revenue-earningequipment materially affect the company’s profitability? (20 points)3. What are some potential reasons to explain the changes in Hertz’s depreciation of its revenue-earning equipment? (40 points)In the report, please explain your answers to each question indetail. Please submit the report (word file, no more than 4 pages,double spacing, font size 12) on Canvas after you finish it. The duedate is May 19th.You can demonstrate your calculations of questions 1 and 2 in a Table.
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