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8. A manufacturing company which is in the 34% tax bracket buys a large computer and warehouse management system for $210,000. a. Show the depreciation

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8. A manufacturing company which is in the 34% tax bracket buys a large computer and warehouse management system for $210,000. a. Show the depreciation schedule for this asset. (10 points) b. If the company estimates that this equipment will save them $75,000 per year by improving processing time for orders and reducing labor costs, what will their tax liability be in year 22 (10 points) If the company decides to sell the system for $110,000 during year 2 so that they can upgrade to an even larger model, what would they owe in gains taxes? (5 points) 8. A manufacturing company which is in the 34% tax bracket buys a large computer and warehouse management system for $210,000. a. Show the depreciation schedule for this asset. (10 points) b. If the company estimates that this equipment will save them $75,000 per year by improving processing time for orders and reducing labor costs, what will their tax liability be in year 22 (10 points) If the company decides to sell the system for $110,000 during year 2 so that they can upgrade to an even larger model, what would they owe in gains taxes? (5 points)

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