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Equipment associated with manufocturing small ralicars had a first cost of $230,000 with an expected salvage value of $30,000 at the end of its 5-year

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Equipment associated with manufocturing small ralicars had a first cost of $230,000 with an expected salvage value of $30,000 at the end of its 5-year life. The revenue was $636,000 in year 2 , with operating expenses of $98,000. If the company's effective tax rate was 29\%, what would be the difference in taxes paid in year 2 if the depreciation method were straight line instead of Modified Accelerated Cost Recovery System (MACRS)? The MACRS depreciation rate for year 2 is 32%. The difference in taxes paid is determined to be 5

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