I need typed answer with explanation don't use chatgpt to answer.

Yankee Freight provides truck freight services throughout the northeast United States. The firm is considering an investment in improved logistics management requiring a main-frame computer and communications software, which would cost $1,100,000 and have an expected life of eight years. For tax purposes, the investment will be depreciated using the straight-line method, with no salvage value. The company's cost of capital and tax rates are 8 and 30 percent, respectively. a. Compute the present value of the depreciation tax benefit. Note: Round your final answer to the nearest whole dollar. $_______

b. Assume instead that Yankee Freight uses the double-declining-balance method of depreciation for tax purposes with a five-year life. Compute the present value of the depreciation tax benefit. Note: Round your final answer to the nearest whole dollar. $________