4. Extra Credit (or to help you earn maximum points). Why is there an M in the expression? Why not just ACRS? 5. Please see Table 1 on slide 22 of Spilker 9 (also copied below on next page). Now, compare it the attached PowerPoint from Intermediate Accounting describing different depreciation methods. Which accelerated method (there are two well-known ones in financial accounting) do MACRS most resemble and why? Please provide a numeric example to support your answer. By the way, the last few slides of the Intermediate PowerPoint contains a good overview of MACRS. Depreciation (13 of 22) TABLE 1 MACRS Half-Year Convention Depreciation Rate for Recovery Period Year 3-Year 5-Year 7-Year 10-Year 15-Year 20-Year 1 33.33% 20.00% 14.2996 10.00% 5.00% 3.750% 44 45 32.00 18.00 9.50 7.219 24.49 17.49 14.81 19 20 14.40 8.55 6.677 4 7.41 11.52 12.49 11.52 7.70 6.177 11.52 8.93 9.22 6.93 5.713 5.76 8.92 7.37 6.23 5.285 8.93 6.55 5.90 4.888 6.55 5.90 4.522 6.56 5.91 4.462 6.55 5.90 4.461 10 dintribution without the prior 10-22