Telstar Communications is going to purchase an asset for $560,000 that will produce $270,000 per year for the next four years in earnings before depreclation and taxes. The asset will be depreclated using the three-year MACRS depreclation schedule in Table 12 12. (This represents four years of depreclation based on the half-year convention.) The firm is in a 25 percent tax bracket. FIII In the schedule below for the next four years. Table 12-12 Depreclation percentages (expressed In decimals)