Johnson Products is considering purchasing a new milling machine that costs $$130,000.$ The machine's

installation and shipping costs will total $$2,500.$ If accepted, the milling machine project will require an initial

net working capital investment of $$20,000.$ Johnson plans to depreciate the machine on a straight$-$line basis

over a period of $8$ years. About a year ago, Johnson paid $$12,000$ to a consulting firm to conduct a feasibility

study of the new milling machine. Johnson's marginal tax rate is $40$ percent.

a$.$ Calculate the project's net investment $($NINV$).$ Round your answer to the nearest dollar.

$

b$.$ Calculate the annual straight$-$line depreciation for the project. Round your answer to the nearest cent.

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c$.$ Calculate MACRS depreciation assuming this is a $7-$year class asset. Use Table $9$A$-3$ to answer the

question. Round your answers to the nearest dollar.