A proposed cost-saving device has an installed cost of $662,000. The device will be used in a five-year project but is classified as three-year MACRS (MACRS Table) property for tax purposes. The required initial net working capital investment is $52,500, the marginal tax rate is 30 percent, and the project discount rate is 15 percent. The device has an estimated Year 5 salvage value of $77,500. Required: What is the depreciation each year of the project? (Do not round intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16).) Depreciation Year 1 $ Year 2 Year 3 Year 4 What is the aftertax salvage value of the equipment? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Aftertax salvage value $ What level of pretax cost savings do we require for this project to be profitable?