DataPoint Engineering is considering the purchase of a new plece of equipment for $220,000. It has an eight-year midpoint of its asset depreciation range (ADR), It will require an additional initial investment of $120,000 in nondepreciable working capital. $30,000 of this Investment will be recovered after the sixth year and will provide additional cash flow for that year. Income beford depreciation and taxes for the next six are shown in the following table. Use Joble 12-11. Table 12-12. Use Appendix. 8 for an approximate answer but calculate your final answer using the formula and financial calculator methods. The ax rote is 25 percent. The cost of copital must be computed based on the following: a. Determine the annual depreciation schedule. (Do not round intermediate calculations. Round your depreciation base and annual. depreciation answers to the nearest whole doller. Round your percentage depreciation answers to 3 decimal places.). b. Dotermine the annual cash flow for each yeat. Be sure to include the recovered working capital in Year 6 . (Do not round intermediate calculotions and round your answers to 2 decimal places.)