NPV with Income Taxes: Straight$-$Line versus Accelerated Depreciation reluctant to change, they are aware of the impact of taxes on a project's profitability.

Required depreciation. Assume an income tax rate of $21\%$ and a discount rate of $20\%.$ Also assume that there will be a switch from double$-$declining balance to straight$-$line depreciation in the fourth year.

Note: Round your answers below to the nearest whole dollar.

$\backslash$table$[[$Present value of double$-$declining balance tax shield,$$,25,645\backslash$times $],[$Present value of straight$-$line tax shield,$$,22,612$vv$],[$Advantage of double$-$declining balance depreciation,$$,3,033\backslash$times $]]$