MACRS depreciation and net present value Instructions Question 1 of 1 Save & Exc 10.00 points Oregon Forest Products will acquire new equipment that is under the five year MACRS category. The cost $300.000 the mantis purchased the following amings before depreciation and taxes will be generated for the next six years. Use Table 12-12. Use Appendix B for an approximate answer but calculate your final answer using the formula and financi calculator methods Famings $112.000 105.000 Year 3 Year 4 Yes 37,000 2000 The firm is in a 30 percent tax bracket and has a 14 percent cost of capital a. Calculate the nel present value. A negative amount should be indicated by a minus sign Do not readm ete calculations and round your answert 2 ) Net present value 2 decimal places required b. Under the nat present value method should Oregon Forest Products purchase the equipment asset? ON