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Freedom Corporation acquired a fixed asset for $210,000. Its estimated life at time of purchase was 4 years, with no estimated salvage value. Assume a discount rate of 6% and an income tax rate of 40%. (Use Exhibit 12,4. Appendix C. TABLE1 and Apgendix. C. TABLE 2) MLCRS Depreciation Rates TABLE 1 Present Value of $1 TABLE 2 Present Value of Annuitv of $1 What is the incrementai present value of the tax benefits resulting from using MACRS rather than striight-line (SLN) depreclatio The asset qualifles as a 3 -year asset. Use the half year convention. Complete this question by entering your answers in the tabs below. What is the incremental present value of the tax benefits resulting from using MACRS rather than stralght-line (SUN) depreciation? The asset qualifies as a 3 -year asset. Use the half-year convention. (Negative amount should be indicated by a minus sign. Round your aniwer to the nearest whole dollar.)