Need 1 & 2

1. A 120 metric ton telescoping crane that cost $320,000 is owned by Upper State Power. Salvage is estimated at $75,000. Compare the PW of depreciation at 10% per year for MACRS, DDB and standard SL depreciation over a 7-year recovery period. (100pts) 2. Henry has an assignment from his boss at Czech Glass and Wood Sculpting to evaluate depreciation methods for writing off the $200,000 first cost of a newly acquired Trotec CO2 laser system for engraving and cutting. Productive life is 8 years and the salvage value is zero. Calculate the PW of depreciation at 10% per year if the depreciation can be switched between DDB and SL. (20 pts bonus) PW of depreciation =$146,236