Determine which method yields the lower book value and by how much after 3 years.

16.30 The manager of a Glidden Paint manufacturing plant is aware that MACRS and DDB are both ac- celerated depreciation methods; however, out of cu- riosity, she wants to determine which one provides the faster write-off in the first 3 years for a recently purchased mixer that has a first cost of $300,000, a 5-year recovery period, and a $60,000 salvage value. Determine which method yields the lower book value and by how much after 3 years. The an- nual MACRS depreciation rates are 20%, 32%, and 19.2% for years 1, 2, and 3, respectively