Measuring Sustainable Earnings Harnishfeger Corporation was a mining machinery and equipment company based in Wisconsin. The company voluntarily changed its depreciation accounting policy from the accelerated method to the straight-line method. It disclosed the cumulative effect of this accounting policy change, equal to $11,005 million (net of applicable income taxes), in its financial statements, In addition, the company also voluntarily changed the estimated useful lives of certain of its U.S. plant and equipment. This estimate change increased its pretax reported profit by $3.2 million. The following are selected excerpts from the company's financial statements: (in thousands) Income before income taxes, equity items, and cumulative effect of accounting method change $5,838 Provision for income taxes (2.452) Income after taxes 3,386 Equity items 858 Cumulative effect of change in depreciation method 11,005 $15,249 Net income (a) Calculate Harnishfeger's sustainable earnings, Round tax rate to the nearest whole percentage for your calculation. (Example: 0.34567 = 35%) Round your answer to the nearest thousand dollar, $ 0 X thousand (b) How would the capital market react to the company's decision to change its depreciation accounting policy and to change the estimated useful lives of its depreciable assets? Adversely, likely resulting in a share price decrease