please answer 10-2 using the green table for the depreciation.

Please do not answer with just an excel sheet with zero explanation for calcultions.

G cash. CWC's ma 10-2 Dave's Devilish Dogs (3D) expects to generate $92,000 in sales in the long term. 3D's operating costs, exclud- ing depreciation, are 75 percent of sales. The company has only one asset, a machine that was just purchased for $150,000. The machine will be depreciated accord- ing to the MACRS 3-year class of assets. 3D's marginal tax rate is 35 percent, and it has no debt. Compute the company's (a) net income and (b) after-tax operating cash flow for the next four years. Class of Investment Ownership Year 3-Year 5-Year 7-Year 10-Year 33% 20% 1 14% 10% 2 45 32 25 18 3 15 19 17 14 4 7 12 13 12 5 11 9 9 6 6 9 7 7 9 7 8 4 7 9 7 10 6 11 3 100% 100% 100% 100%