A profitable company making earth moving equipment is considering an investment of $150,000 on equipment that will have a 5-year3useful life and a $50,000 salvage value. Use a spreadsheet to compute the 60% bonus depreciation with MACRS depreciation schedule. Show the total depreciation taken (=sum( )) as well as the PW of the depreciation charges discounted at 10%. The White Swan Talc Company paid $120,000 for mining equipment for a small talc mine. The mining engineer's report indicates the mine contains 40,000 cubic meters of commercial-quality talc. The company plans to mine all the talc in the next 5years as follows: