The Green Pine Hotel has always depreciated its fixed assets using the straight-line method for both book and tax purposes. L.M. Branch, a newly hired tax consultant, has suggested this results in excessive taxes and has recommended the SYD method be used for future equipment purposes. Planned equipment purchases for 20X2 and other relevant information are as follows: Cost of Equipment:- Assumed purchase date: Salvage value:-- Useful life:--- Marginal tax rate: Investment interest rate: -$500,000 -11/01/x2 -0 four years -30% 10% Assume: All "tax savings" for one year are invested at the beginning of the following year. Required: As a newly hired intern you have been requested to prepare a schedule proving the wisdom LM's advice. + Please fill the blanks below. Depreciation Marginal Tax Earnings Year SYD SL Difference Rate (30%) Tax Savings Net/Tax Balance 1 1) 125,000 75,000 0.3 2) $0 3) 24) 125,000 25,000 0.3 7,500 5) 3 $100,000 125,000 6) 0.3 -7,500 2,210.25 31,575 26,285.25 47) 125,000 -75,000 0.3 -22,500 1,839.97 8) Total Earnings Net: 9)