Part B You are a manager of a company that just spent $80,000 to purchase a piece of equipment that is expected to function for 8 years (i.e., after 8 years the equipment wi be worthless). You can borrow money at 5% interest. Calculate the present discounted value of the depreciation allowance under the following circumstances: 3. ll a. You can expense the investment. b. The government allows you to deduct $10,000 per year for 8 years c. The government allows you to deduct $20,000 per year for 4 years. The govermment allows you to deduct $40,000 in year 1 and $10,000 per year for the next 4 years. d. Part B You are a manager of a company that just spent $80,000 to purchase a piece of equipment that is expected to function for 8 years (i.e., after 8 years the equipment wi be worthless). You can borrow money at 5% interest. Calculate the present discounted value of the depreciation allowance under the following circumstances: 3. ll a. You can expense the investment. b. The government allows you to deduct $10,000 per year for 8 years c. The government allows you to deduct $20,000 per year for 4 years. The govermment allows you to deduct $40,000 in year 1 and $10,000 per year for the next 4 years. d