Sub-Prime Loan Company is thinking of opening a new office, and the key data are shown below. The equipment for the project is classified as 3-year life using the MACRS depreciation, after which it would be worth nothing and thus it would have a zero salvage value. No new working capital would be required, and revenues and other operating costs would be constant over the projects 4-year life. WACC 10.0% Initial investment $165,000 Sales revenues, each year $123,000 Business expenses $25,000 Tax rate 35% Question 1. (Show all work for credit) Calculate the depreciation amount for each year of the life of the equipment.