3. Various depreciation methods/two years On September 6, 1995, Hudson Tug Co. purchased a new tugboat for $200,000. The estimated life of the boat was 20 years, with an estimated residual value of $20,000. Compute the depreciation on this tugboat in 1995 and 1996 using the following methods. Apply the half-year convention. (If necessary, round to the nearest dollar.) 1995 1996 (a) Straight-line (b) 200% declining balance (c) 150% declining balance (d) MACRS (a tugboat is classified as 10-year property; a rate table shows a depreciation rate of 10% for the year of acquisition; and 18% for the following year.) $