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Wendy's boss wants to use straight-line depreciation for the new expansion project because he said it will give higher net income in earlier years and

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Wendy's boss wants to use straight-line depreciation for the new expansion project because he said it will give higher net income in earlier years and give him a larger bonus. The project will last 4 years and requires $1,790,000 of equipment. The company could use either straight-line or the 3 -year MACRS convention for the straight-line method.) The applicable MACRS depreciation rates are 33.33%,44.45%,14.81%, and 7.41%. The project cost of capital is 10%, and its tax rate is 30%. a. What would the depreciation expense be each year under each method? Enter your answers as positive values intermediate calculations. Round your answers to the nearest dollar. b. Which depreciation method would produce the higher NPV, and how much higher would it be? Do not round intermediate calculations. Round your answer to the nearest cent. The NPV under will be higher by $

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