Oregon Forest Products will acquire new equipment that falls under the five-year MACRS category. The cost is $300,000. If the equipment is purchased the following earings before depreciation and taxes will be generated for the next six years. Use Table 12.12. Use Appendix for an approximate answer but calculate your final answer using the formula and financial calculator methods Laming before Depreciation $112.000 105.000 37.000 32.000 The firm is in a 30 percent tax bracket and has a 14 percent cost of capital a. Calculate the net present value. (A negative amount should be indicated by a minus sign. Do not round Intermediate calculations and round your answer to 2 decimal places.) Nel presenta b. Under the nel present value method, should Oregon Forest Products purchase the equipment asser? References eBook & Resources Virahat Difficulty Advanced Leaming Objective: 12-04 The net present value and internal rate of returnare