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CoursHeroTranscribedText: Freedom Corporation acquired a fixed asset for $150,000. Its estimated life attime of purchase was 4 years, with no estimated salvage 2.] Required: 1. What is the incremental present value ofthe tax benefits resulting from calculating depreciation using the sumoftheyears'digits {END} method ratherthan the straightline [SLN} method on this asset? Use the SYD and SLN functions in Excel to calculate depreciation charges. 2. What is the incremental present value of the tax benefits resulting from calculating depreciation using the doubledecliningbalance {DDS} method rather than the straight-line [SLNi method on this asset? Use the SLN and DDB functions in Excel to calculate depreciation charges. 3. What is the incremental present value ofthe tax benefits resulting from using MACRS rather than straightline {SLNJ depreciation? The asset qualifies as a 3-year asset. Use the half-year convention. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 What is the incremental present value of the tax benets resulting from calculating depreciation using the sumoftheyears' digits (SYD) method rather than the straight-line {ELM} method on this asset? Use the SYD and SLN functions in Excel to calculate depreciation charges. (Negative amount should be indicated by a minus sign. Round your answer to the nearest whole dollar.) Show Iessn What is the incremental present value of the tax benets resulting from calculating depreciation using the doubledeclining balance {DUB} method rather than the straight-line [SLNj method on this asset? Use the SLN and DDB functions in Excel to calculate depreciation charges. {Negative amount should be indicated by a minus sign. Round your answer to the nearest whole dollar.) Show less; What is the incremental present value of the tax benefits resulting from using MACRS rather than straight-line (SLN) 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 answer to the nearest whole dollar.) Incremental PV of tax savings using MACRS depreciation

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