* Question Completion Status: QUESTION 14 4 points Save. CVS purchases a depreciable asset with a cost of $1,000, a four-year useful life, and the salvage value of $0. For financial reporting purposes, it depreciates the asset using the straight- line method. For tax reporting, it depreciates the asset using the double-declining-balance method. The firm's income before depreciation is $2,000, and the tax rate is 40%. Which of the following does not incur in Year 1? $100 decrease in deferred tax liability $600 decrease in cash Click Save and Submit to save and submit. Click Save All Answers to save all answer Save All Answers Save and Submit