please complete the required anwsers for 1-3 using the tables provided

Freedom Corporation acquired a fixed asset for $210,000. Its estimated life at time of purchase was 4 years, with no estimated salvage value. Assume a discount rate of 6% and an income tax rate of 40%. (Use Exhibit 12.4. Appendix C. TABLE 1 and Appendix C. TABLE 2.) Required: 1. What is the incremental present value of the tax benefits resulting from calculating depreciation using the sum-of-the-years'-digits (SYD) method rather than the straight-line (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 double-declining-balance (DDB) method rather than the straight-line (SLN) method on this asset? Use the SLN and DDB functions in Excel to calculate depreciation charges. 3. 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. Complete this question by entering your answers in the tabs below. What is the incremental present value of the tax benefits resulting from calculating depreciation using the sum-of-the-years" digits (SYD) method rather than the straight-line (SLN) 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.) Freedom Corporation acquired a fixed asset for $210.000 its estimated life at time of purchase was 4 years, with no estimated salvage volue. Assume a discount rate of 6% and an income tax rate of 40% (Use Exh bit. 12.4, ApDendix C. TABLE.1 and ADpendix.C. TABL. E2.) Required: 1. What is the incremental present value of the tax benefits resulting from calculating depreciation using the sum-of-the-years'-digits (SYD) method rather than the straight/ine (SLN) method on this asset? Use the SYO and SLN functions in Excel to calculate depreciation charges. 2. What is the incremental present value of the tax benefits resulting trom calculating depreciation using the double-deelining-balance (DDA) method rather than the straight-line (SLN) method on this asset? Use the SLN and DDB functions in Excel to caiculate depreciation charges. 3. 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 halfyear convention. Complete this question by entering your answers in the tabs below. What is the incremental present value of the tax benefits resulting from calculating depredation using the double-declining. balance (DOB) method rather than the straght-line (StN) method on this asset? Use the SLW and DOB functions in Excel to calculate depreciation charges. (Negative amount should be indicated by a minus sign. Round your answer to the nearest whole dollar.) Freedom Corporation acquired a fixed asset for $210,000. its estimated life ot time of purchase was 4 years, with no estimated salvage value. Assume a discount rate of 6% and an income tax rate of 40%. (Use Exhibit.12.4. Apoendix C. TABLE.1 and Apoendix C. TABLE 2) Required: 1. What is the incremental present value of the tax benefits resulting from calculating depreciation using the sum-of the-years'-digits (SYD) method rather than the straight-line (SLN) method on this asset? Use the SYD and SLN functions in Excel to caiculate depreciation charges. 2. What is the incremental present value of the tox benefits resulting from caiculating depreciation using the double-declining-bolance (DDB) method rather than the straight-line (SLN) method on this asset? Use the SLN and DDB functions in Excel to calculate depreciation charges. 3. 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. Complete this question by entering your answers in the tabs below. What is the incremental present value of the tax benefits resulting from using MaCRS rather than straight-line (SUN) depreciation? The asset qualifes 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.) MACRS Depreciation Rates Fint year of swisching to the stralithe line method. Sourcet wurwirs gev/dublications/g946y. TABLE 1 Present Value of $1 TABLE 2 Present Value of Annuitv of $1