Talia's Tutus bought a new sewing machine for $65,000 that will be depreciated over 5 years using double-declining-balance depreciation with a switch to straight-line. Required: a. Find the depreciation charge each year. b. If the sewing machine is sold after 4 years for $20,000, what will be the after-tax proceeds on the sale if the firm's tax bracket is 35%? Complete this question by entering your answers in the tabs below. Required A Required B Find the depreciation charge each year. Year Depreciation 1 2 3 4 ) Required A Required B > Required A. Required B If the sewing machine is sold after 4 years for $20,000, what will be the after-tax proceeds on the sale if the firm's tax bracket is 35%? After-tax proceeds