Johnson Products is considering purchasing a new milling machine that costs $100,000. The machines installation and shipping costs will total $3,000. If accepted, the milling machine project will require an initial net working capital investment of $30,000. Johnson plans to depreciate the machine on a straight-line basis over a period of 8 years. About a year ago, Johnson paid $8,000 to a consulting firm to conduct a feasibility study of the new milling machine. Johnsons marginal tax rate is 40 percent. Calculate the projects net investment (NINV). Round your answer to the nearest dollar. $ Calculate the annual straight-line depreciation for the project. Round your answer to the nearest cent. $ Calculate MACRS depreciation assuming this is a 7-year class asset. Use Table 9A-3 to answer the question. Round your answers to the nearest dollar. Year Depreciation 1 $ 2 $ 3 $ 4 $ 5 $ 6 $ 7 $ 8 $