DataPoint Engineering is considering the purchase of a new plece of equipment for additional initial investment of $220,000 in nondepreciable working capital. Seventy-five thousand dollars of cash flow for that year. Income before depreciation and taxes for the next six are shown in the following but calculate your final answer using the formula and financial calculator methods t $400,000. It has an eight-year midpoint of its asset depreciation range (ADR). It will require an this Investment will be recovered after the sxth year and will provide additional table. Use Jable 12-11. Table 12-12 Use Apcendix B for an approximate answer i 1$233,000 2 192,000 3 162,000 4 147,000 5 111,000 6 101,000 The tax rate is 30 percent. The cost of capital must be computed based on the tolowing Cost ertax)Weights Debt Preferred stock 820% Kp 12.80 17 00 25% 15 60 Common equity (retasined earnings) a. Determine the annual depreciation schedule. (Do not round intermedilate calculations. Round your depreciation base and annual depreciation answers to the nearest whole dollar. Round your percentage depreciation answers to 3 decimal places.) Answer is complete but not entirely correct. Year Depreciation Percentage Annual Base lation Depreciation 0.200 os--. 80.000 400,0000.320128.000 400,000 0.19276,800 400.000115 46.080 6.080 400,000 0.115