MACRS depreciation expense and accounting cash flow Pavovich Instruments, Inc, a maker of precision telescopes, expects to report pratax income of 4435 , 000 this year The company's finandial manager is considering the timing of a purchase of new computerized lens grinders. The grinders will have an installed cost of 577.100 and a cost reconery period of 5 years. They will be depreciated using the MACRS schedule (1). Corporate tax rates are given . a. If the firm purchases the grinders belore yeat-end, what depreciation expense will it be able to clair this year? b. If the firm teduces its reported income by the amount of the depreciation expense calculated in part a, what tax savings will result? a. The depreciation expense they will be able to claim this year is 1 (Round to the nearest dollat) MACRS depreciation expense and accounting cash flow Pavovich Instruments, Inc, a maker of precision telescopes, expects to report pratax income of 4435 , 000 this year The company's finandial manager is considering the timing of a purchase of new computerized lens grinders. The grinders will have an installed cost of 577.100 and a cost reconery period of 5 years. They will be depreciated using the MACRS schedule (1). Corporate tax rates are given . a. If the firm purchases the grinders belore yeat-end, what depreciation expense will it be able to clair this year? b. If the firm teduces its reported income by the amount of the depreciation expense calculated in part a, what tax savings will result? a. The depreciation expense they will be able to claim this year is 1 (Round to the nearest dollat)