MALDIVULLNER In 2020. you purchased a piece of equipment for $X. You will use the Straight Line Depreciation method and will use a depreciable salvage value of $6,000. The equipment has a depreciable and useful life of five years. The first-year benefit is $20,000 and increases by $5,000 each year thereafter. You sell the equipment at the end of year 5 for a market value of $Y. You are in the 32% income tax bracket. Ordinary gains/losses are taxed at 18% and capital gains are taxed at 15%. Variable Values: $120,000 e & MALDIVULLNER In 2020. you purchased a piece of equipment for $X. You will use the Straight Line Depreciation method and will use a depreciable salvage value of $6,000. The equipment has a depreciable and useful life of five years. The first-year benefit is $20,000 and increases by $5,000 each year thereafter. You sell the equipment at the end of year 5 for a market value of $Y. You are in the 32% income tax bracket. Ordinary gains/losses are taxed at 18% and capital gains are taxed at 15%. Variable Values: $120,000 e &