(15 pts.) 8. A plant manager for a large cable company knows that the real value of certain types of cable maintenance equipment is more closely approximated when the equipment is depreciated by the Double Declining Balance (DDB) method rathe than with the more rapid write-off method MACRS. Therefore, he keeps two sets of books, one using MACRS for taxes and a second using DDB for equipment- management purposes. For an asset that has a first cost of $80,000, a depreciable life of 5 years, and a salvage value equal to 10% of the first cost, determine the difference in the book values shown in the two sets of books each year from year 1 to year 5, and identify the method that has a lower BV after 5 years