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Nokela Industries purchases a $38.4 million cyclo-converter. The cyclo-converter will be depreciated by $9.6 million per year over four years, starting this year. Suppose Nokela's

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Nokela Industries purchases a $38.4 million cyclo-converter. The cyclo-converter will be depreciated by $9.6 million per year over four years, starting this year. Suppose Nokela's tax rate is 25%. What impact will the cost of the purchase have on net income for each of the next four years? Net Income will by $ million each year for four years. (Select from the drop-down menu and round to one decimal place.)

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