lator Close All P Flag for Review Meerkat Co is about to undertake a new four-year project. The project will require a machine, costing $100,000, at the start of the first year of production. The machine's residual value at the end of year four is expected to be $40,000. Annual tax-allowable depreciation (TAD) is available on the machine at 20%, on a reducing balance basis, with a balancing charge or a balancing allowance in the last year of ownership. Meerkat Co pays tax at a rate of 25% per year What will be the TAD for each of the four years? TAD figures Year's TAD $2,188 $10,240 $10,547 Year 1 TAD $11,200 $12,800 $14,063 Year 2 TAD $15,000 $16,000 $18,750 Year 3 TAD $20,000 $25,000 $40,000 Year 4 TAD