Companies often buy equipment to manufacture products or provide services to customers.For example, an auto repair shop might purchase a hydraulic press for removing and installing pressed in bearings or parts.A tree removal company will most likely purchase chain saws and a stump grinder.This equipment has a useful life span, a salvage value at the end of its life span, and can be depreciated over the life of its use.Discuss how depreciation fits into the finances of a company.Also identify at least two kinds of depreciation.