Ataxia Fitness Center is considering an investment in some additional weight training equipment. The equipment has an estimated useful life of 10 years with no salvage value at the end of the 10 years. Ataxia's internal rate of return on this equipment is 3% Ataxias discount rate is also 8%. The payback period on this equipment is closest to ignore income taxes.) Click here to view Exhibit 12B-1 and Exhibit 120.2. to determine the appropriate discount factor(s) using the tables provided, #4. Elise and Joc purchased a farm machine for $80.000. Assume a 7-year useful life and the salvage value of $10.000. Complete the following table to calculate the depreciation experte for each year of the useful life using A. Double (2007) Declining Balance Method (6 points) B. Sum-of-the-Years-Digits Method (6 points) C. MACRS (assume 7-year class and mid-year convention) (4 points) Year MACRS Double Declining Balance Depreciation Sum-of-the-Years-Digits Depreciation MACRS Depreciation 1 $17.500 10.71% 19.139 2 $16,327 3 15.0396 4 12.25% $9.800 5 12.25% S9.800 59.800 6 12.25% 12.2596 $9,800 7 8 6.13% N/A N/A Note: If the depreciation you compute in a cell is not an integer, round it to the integer. 5