Halcrow Yolles purchased equipment for new highway construction in Manitoba, Canada, costing $500,000 Canadian. Estimated salvage at the end of the expected life of 5 years is $50,000. Various acceptable depreciation methods are being studied currently. Determine the depreciation and book value for year 2 using the DDB, 150% DB and SL methods. Note: when we say 150% DB, we mean that the depreciation rate ""d"" that should be used is 1.5 divided by n. DO NOT use ""d"" = 150%. By definition, the ""d"" of a z% declining balance is equal to z%/n. If this z is 150%, then the d will be 1.5 divided by n. As such, we can say that the DDB is actually a 200% DB.