An injection molding machine can be purchased and installed for $70,000. It is in the seven-year GDS property class and is expected to be kept in service for eight years. It is believed that $8,000 can be obtained when the machine is disposed of at the end of year eight. The net annual value added (i.e., revenues less expenses) that can be attributed to this machine is constant over eight years and amounts to $16,000. An effective income tax rate of 21% is used by the company, and the after-tax MARR equals 12% per year. d. Set up a table and calculate the ATCF for this machine. (Round to the nearest dollar.) EOY Depreciation, $ TI, $ T(21%), $ BTCF, $ 70,000 16,000 0 ATCF, $ - 70,000 14741 PW(12%), $ - 70,000 1 10003 5997 1259