2. For your Business you purchase $ 10,000 of OFFICE FURNITURE. You plan to use the furniture for 10 years and then sell it for its Salvage Value of $ 500. For tax purposes and internal accounting, you are estimating the depreciation of this asset. Calculate for each year the depreciation deduction and Book Value (Unrecovered Investment) for this OFFICE FURNITURE using the following depreciation techniques. Show the first 8 years only. For full credit, show your methods of calculation (intermediate thinking and relevant equation and parameters if applicable). (a) Straight Line Depreciation (b) Using a depreciation rate such that the book value is equal to the salvage value at the end of 10 years. (You need only show the first 8 years of depreciation amount and book value for each year) (c) Using the government mandated MACRS tables furnished with the tables for this examination