Grove Media plans to acquire production equipment for $817,500 that will be depreciated for tax purposes as follows: year 1. $323,500, year 2,$183,500; and in each of years 3 through 5,$103,500 per year A10 percent discount rate is appropriate for this asset, and the company's tax rate is 20 percent. Use Extibit A 8 and Exhibit A.9. Required: a. Compute the present value of the tax shield resulting from depreciation. b. Compute the present value of the tax shield from depreciation assuming straight-line depreciation ( $163.500 per year). Complete this question by entering your answers in the tabs below. Compute the present value of the tax shield resulting from depreciation. Note: Round py factor to 3 decimal places. Present Value of $1 Exhibit A.9 Prevent Valut of an Annuiry of \$1