p4-2 is what i need help on

question 2 is what i need help on

estimate Rimier's net profits before taxes for 2016. all problems are available in MyFinanceLab. -4-1 Depreciation On March 20, 2015, Norton Systems acquired two new assets. Asset A was research equipment costing $17,000 and having a 3-year recovery period. Asset B was duplicating equipment having an installed cost of $45,000 and a 5-year recovery period. Using the MACRS depreciation percentages in Table 4.2 on page 120, prepare a depreciation schedule for each of these assets. 1-2 Depreciation In early 2015, Sosa Enterprises purchased a new machine for $10,000 to make cork stoppers for wine bottles. The machine has a 3-year recovery period and is expected to have a salvage value of $2,000. Develop a depreciation schedule for this asset using the MACRS depreciation percentages in Table 4.2. -3 MACRS depreciation expense and accounting cash flow Pavlovich Instruments, Inc., a maker of precision telescopes, expects to report pretax income of $430,000 this year. The company's financial manager is considering the timing of a purchase of new computerized lens grinders. The grinders will have an installed cost of $80,000 and a cost recovery period of 5 years. They will be depreciated using the MACRS schedule. a. If the firm purchases the grinders before year-end, what depreciation expense will it be able to claim this year? (Use Table 4.2 on page 120.) b. If the firm reduces its reported income by the amount of the depreciation expense calculated in part a, what tax savings will result? third year of depreciating its