The owner of a company plans to buy additional office equipment for $$20,000.$ It is sold at the end of $3$ years for $$10,000.$ He expects the equipment will produce a net income of $$7000$ per year. The combined federal and state incremental tax rate is $45\%.$ Using MACRS depreciation, complete the table.

$\backslash$table$[[$Year$,\backslash$table$[[$Before Tax$],[$Cash Flow$]],$MACRS dt$,\backslash$table$[[$Taxable$],[$income$]],\backslash$table$[[$Income Tax$],[(45\%)$