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2. 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 yearly depreciation and the book value (remaining value of the asset). The salvage value after 20 years is 60,000. Irn the interests of time show only the first four years. Use a planning horizon of 20 years (when you can choose the planning horizon). (a) Show first four years using Double Declining Balance technique Using Straight Line deprecation (show only first four years). (b) (c) Using government mandated MACRS depreciation tables ( show first four years) (d) First four years using a depreciation rate such that the book value = Salvage Value at the end of 20 years