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please answer both questions if possible. raight line depreciation: A piece of equipment cost $150,000 and has a 5-year useful life. What is the annual

please answer both questions if possible.

  1. raight line depreciation: A piece of equipment cost $150,000 and has a 5-year useful life. What is the annual depreciation expense under straight-line depreciation?

  1. MACRS Depreciation: If your company purchases some new production equipment, with a cost of $120,000 and installation costs of $5,000, what is the final years depreciation expense under the 5-year MACRS table?

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