5. On January 2, 2018, Kerry Limited purchased equipment for $14,400,000. Salvage (residual) value is estimated to be $1,600,000. The machinery will have a useful life of five years. Required: a. If the company wants to show lower income before taxes for 2018, which depreciation method will it use, the straight-line or the double-declining-balance method? b. What will be the difference in income before taxes between the straight-line and double- declining balance methods for (a) 2018, and (b) 2019