A naval shipyard just purchased $800,000 in capital equipment for ship repairing functions on dry-docked ships. Estimated salvage is $150,000 for any year after 5 years of use. Compare the depreciation and book value for year 3 for each of the following depreciation methods. a. MACRS where a recovery period of 10 years is allowed b. DDB with a recovery period of 15 years c. S-L as an alternative to MACRS, with a recovery period of 15 years