A subsidiary of General Electric (Voltare Energy) places in service electric generating and transmission equipment at a cost of $4,000,000. The equipment is expected to last for 30 years with a wreck-out salvage value of $250,000. The equipment will increase net income by $500,000 in the first year, increasing by 2.4% each year thereafter. The subsidiary's tax rate is 40% and the after-tax MARR is 9%. There is some concern that the need for this equipment will last only 10 years and need to be sold off for $550,000 at that time. Draw the table that you can use to fill in the calculations for BTCF, DWO, TI, T, ATCF, and MACRS (20-Year property class). What is the Tax for year 8 (T3)? $163,760 $68,320 $281,870 $358,910