12 HW 11 Problenm 1208 0epreclation Mechodo) Kristin is evaluating a capital budgeting project that should last for 4 years. The project requires $975,000 of equipment. She is unsure what depreciation method to use in her analysis straight-line or the 3-year MACRS accelerated method. Under straight-line depreciation, the cost of the equipment would be depreciated evenly over its 4-year life (ignore the haif-year convention for the straight-line method). The applicable MACRS depreciation rates are 33%, 45%, 15%, and 7%. The company's WACC is 8%, "nd its tax rate is 35%. a. What would the depreciation expense be each year under each method? Round your answers to the nearest cent. Scenario 1 (Straight-Line) Scenario (MACRS) Year