DataPoint Engineering is considering the purchase of a new plece of equipment for $230,000 it thas an eight-year midpoint of its asset depreciation range (ADR). It will require an additional initial investment of $130,000 in nondepreciable working capitat Thirty-two thousand dollars of this investment will be fecovered after the sixth year and wil provide additional cosh flow for that yeac income before depreciation and taxes for the next six are shown in the following table Use Table 12-11. Table 12-12 Use Appericix B for an approximate answer but calculate your final answer using the formula and financlal calculator methods. The tax rate is 30 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 dollar. Round your percentage depreciation answers to 3 decimat piaces.) b. Determine the annual cash flow for each year. Be sure to include the recovered working capital in Year 6 . (Do not round intermediate calculations and round your answers to 2 decimal places.) c. Determine the weighted average cost of capital. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) d-1. Determine the net present value. (Use the WACC from part c rounded to 2 decimal places as a percent as the cost of capital (e.9. 12.34\%). Do not round any other intermediate calculations. Round your answer to 2 decimal places.) d-2. Should DataPoint purchase the new equipment? Yes No