firm has earnings of $19,000 before interest, depreciation, and taxes. A new piece of equipment is installed at a cost of $14,000. The equipment will e depreciated over five years, and the firm pays 20 percent of its earnings in taxes. What are the earnings and cash flows for the firm in years 2 and 5 , sing the two methods of depreciation? Use Exhibit 9.4 to answer the questions. Round your answers to the nearest dollar- EX H I B IT 9.4 Depreciation Schedules under the Modified Accelerated Cost Recovery System