d by You purchase a tugboat (tug) for your business. The cost is 500,000. Show the depreciation of this asset using the following methods. Show the vearly depreciation and the book valu (remaining value of the asset). The salvage value after 20 vears is 60.000, In the interests or time show only the first four years. Use a planning horizon of 20 vears (when you can choose the planning horizon). 2. (a) Show first four years using Declining Balance technique Using Straight Line deprecation (show only first four years). (b) (c) Using government mandated MACRS depreciation tables ( show first four years) Salvage Value at the end of 20 (d) First four years using a depreciation rate such that the book value years