Western Textiles is trying to determine whether to purchase a new weaving machine that costs $214,000. It would cost another $26,000 to install the machine. Western plans to use the machine for four years and then sell it for $80,000. The machine falls into the MACRS 5-year class. 

(a) What will be the depreciation associated with the machine each year Western uses it? 

(b) If its marginal tax rate is 40 percent, what after-tax net cash flow will Western receive when the machine is sold in four years?