DataPoint Engineering is considering the purchase of a new piece of equipment for $290,000. It has an eight-year midpoint of its asset depreciation range (ADR). It will require an additional initial investment of $190,000 in nondepreciable working capital. Forty-seven and will provide additional cash flow for that year Income before depreciation and taxes for the next six are shown in the following table. Use Table 12-11, Table 12-12 Use Appendix B for an approximate answer but calculate your final answer using the formula and financial calculator methods. and dollars of this investment will be recovered after the sith year 1 $200,000 2170,000 140,000 4 125,000 100,000 90,000 3 5 The tax rate is 30 percent. The cost of capital must be computed based on the following Cost aftertax)Weights Debt Preferred stock Common equity (retained earnings) 5.30% 9.40 14.00 30% 25 45 p9 a. Determine the annual depreciation schedule. (Do not round intermediate calculations. Round your depreciation base and annual depreciation answers to the nearest whole dollar. Round your percentage depreciation answers to 3 decimal places.) Vear Depreciation PercentageAnnual Year Base Depreciation Depreciation