A company purchased a new equipment for $59,000. Assume it will be retired in year 8, with a salvage value of $3,000. Calculate the depreciation for each year of the useful life using the following three methods. Please show your work. a. Straight-line method b. Double declining-balance method c. Sum-of-the-years-digits method c.Among various financial performance measures, which one does the depreciation have a role in?