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