4. A piece of equipement is bought for $100,000, has a salvage value of $20,000 in 5 years, and the equipment brings in before-lax revenne of $30,000 per year over the 5 years. (o) (5 pts.) Using double-declining balance, calculate the depreciation allowance (DWo) for the equipment in the first 2 years of depreciation. after-tax cash flow for years 1 and (b) (10 pts.) Calculate the taxable income, income tax, and the 2. Assume an income tax rate of 0.4. (e) (5 pts.) For the depreciation choice in part (a), would you expect the company to have to pay tax on the salvage value when the company sells the equipment? Why or why not