Questions ellook Question 7 at 7. Check My Work Problem 9-07 A firm has earnings of $9,000 before interest, depreciation, and taxes. A new piece of equipment is installed at a cost of $9,000. The equipment will be depreciated over five years, and the firm pays 30 percent of its earnings in taxes. What are the eamings and cash flows for the firm in years 2 and 5, using the two methods of depreciation? Use Exhibit 9.4 to answer the questions. Round your answers to the nearest dolla Questions Navigation Menu Earnings before depreciation and tas Depreciation experse Earnings after depreciation Taxes (30% tax rate) Net earnings Cashflow MacBook Air Straight-line Modified Accelerated Cost Recovery Year 5 Year 2 Year 5 Check My Work