Lazeez Hospitality Inc. is expecting sales of $2,000,000 next year. It's net PPE last year was $200000. On top of the spending to offset depreciation, Lazeez plans to spend $17,727.27 to increase seating capacity this year. It has a bank loan of 16,000 at a cost of 9%. Using the information above and the table provided below, answer the following questions: What is the depreciation rate that Lazeez is using for its equipment? Round your answer to the nearest percentage point, i.e., if your answer is 13.78\%, write 14. Also, do not include symbols (\%, \$) in your answer. 4 What is Lazeez's forecasted net income for next year? Round your answer to the nearest dollar, i.e., if your answer is $13.78, write 14. Also, do not include symbols (\%, \$) or commas (,) in your answer. 4