Clemson Software is considering a new project whose data are shown below. The required equipment has a 3-year tax life, after which it will be worthless, and it will be depreciated by the straight-line method over 3 years. Revenues and other operating costs are expected to be constant over the project's 3-year life Equipment cost (depreciable basis) Straight-line depreciation rate Sales revenues, each year Operating costs (excl. depreciation) Tax rate $65,000 33.333% $60,000 $25,000 35.0% Question 9 (0.3 points) Choose one closest to the depreciation in t=1. $0 $21,665 $32.500 $65.000 None of the above. Question 10 (0.3 points) Choose one closest to EBIT in t=1. $10,316 $11.998 $12,253 $13.335 $14,581