Assuming that your company has annual before tax income of $500,000 and that your company tax rate is 25%. If you purchase equipment valued at $1,200,000 this year, calculate how much tax you would pay over the next 5 years cumulatively under the following methods of calculating depreciation: A) (3 marks) Straight line depreciation with a 10 year lifespan and a salvage value equal to 10% of the original cost. Do not use the half in first year rule. B) (3 marks) Depreciation according to CCA Class 43 (Canada Revenue Agency) and use the half in first year rule