4: Reflective Essay on Depreciation Methods Write three paragraphs discussing the topics covered in Questions 1-3, with a focus on depreciation. In your discussion, include: A detailed explanation of the straight-line and MACRS depreciation methods, noting the differences between them. The implications of choosing one depreciation method over another in terms of financial reporting. The significance of depreciation methods in asset management within a company. Ensure to cite your sources appropriately, referencing your textbook or any other materials you consult