Please answer both questions

Answer True or False for the following: a. Before tax ROR is higher/more than after tax ROR b. For MACRS depreciation salvage value varies c Payback period analysis may select the wrong alternative. d in most cases we want to maximize the depreciation charges taken in the first and second years. e. Taxable income = Gross Income - Expenses - Depreciation charges f. For straight line depreciation, a constant depreciation charge is made. Fill in the Blanks for the following questions: g. After Tax Cash Flow = Before Tax Cash Flow Depreciation requires a production or utilization schedule. is the allowable depletion for mollusk shells. J. For MACRS Depreciation automobiles and trucks are considered Year Property. The XYZ Company builds finished plastic products and has decided purchase manufacturing equipment (special tools) at a cost of $750,000. This equipment qualifies for 60% bonus depreciation, the balance will be depreciated using the MACRS deprecation method. The gross income for the calendar year was $960,000. Supplies and operating expenses were $400,000 a. What is firms taxable income for the first year? b. How much in taxes will the firm pay in the first year? Upload chose a File