Your company has purchased equipment worth $40,000 and would like to compare the impact of straight line depreciation versus accelerated depreciation (double declining method). The equipment has a five-year life, and a salvage value of $0. (i) Compute the depreciation expense over the next three years for both the straight line and the accelerated method (you may earn partial marks if you show how you arrived at your answers) (3 marks) (ii) How a company would use one method over the other in order to better manage cash flows (2 marks)?