Associated Constructors is a sole proprietorship owned by Mary Cortes. Its expected income for the next 6 years (Year 1 to Year 6) is shown in the excel spreadsheet (attached in the assignment folder), if Mary purchases today (Year 0) a 5-Year class piece of equipment for $150,000. Mary files her taxes as Married Filing Separately. Calculate the depreciation expense, taxable income, tax liability and income after tax assuming the Straight-Line form of depreciation. Use Excel sheet 1 or space below. Calculate the depreciation expense, taxable income, tax liability and income after tax assuming the MACRS form of depreciation. Use Excel sheet 1 or space below. Assume that Associated Constructors is now a corporation. Mary gives herself a salary of 135,000 140,000 145,000 150,000 155,000 160,000 from Year 1 to Year 6. Calculate her personal taxes (assume no personal deductions) from Year 1 to Year 6 in Excel Sheet 2 or in the space below Calculate the corporate taxes and income after taxes for Year 1 to Year 6.