A profitable company making earthmoving equipment is considering a research investment of $100K on equipment that will have a 5 year useful and $20K salvage value. If the money is worth 10%, create a depreciate schedule using the Straight line and MACRS methods to determine which method has the highest NPW?

Choices: a) $77,326 b) $65,215 c) $60,653 d) $59,542