please provide formulas

See Table 2.5 showing financial statement data and stock price data for Mydeco Corp. Suppose Mydeco had purchased additional equipment for $12.4 million at the end of 2016, and this equipment was depreciated by $4.1 million per year in 2017, 2018, and 2019. Given Mydeco's tax rate of 35%, what impact would this additional purchase have had on Mydeco's net income in years 2016-2019? (Assume the equipment is paid for out of cash and that Mydeco earns no interest on its cash balances) Calculate the new net income below (Round to one decimal place.) millions) Year 2016 Net Income 0 Additional Depreciation $ 0.0 Tax Savings $ Now Not Income 75,8 $ 0.0 $ 2015 2019 Financial Statement Data and Stock Price Data for Mydeco Corp. (All data as of fiscal year end; in $ millions) Income Statement 2015 2016 2017 2018 Revenue 408.4 368.5 426.3 512.8 Cost of Goods Sold (192.6) (176.4) (201.5) (250.7) Gross Profit 215.8 192.1 224.8 262.1 Sales and Marketing (65.7) (65.9) (82.6) (98.8) Administration (59.8) (60.3) (58.7) (66.7) Depreciation & Amortization (26.0) (26.9) (35.4) (36.8) EBIT 64,3 39.0 48.1 59.8 Interest Income (Expense) (32.2) (33.2) (32.4) (373) Pretax Income 32.1 5.8 15.7 22.5 Income Tax (112) (2.0) (5.5) (7.9) 2019 606.9 (289.3) 317.6 (121.4) (80.3) (36.8) 79.1 (38.6) 40.5 (142) 1 20.9 53.4 $0.39 2015 3.8 53.4 $0.07 2016 10.2 53.4 $0.19 2017 14.6 53.4 $0.27 2018 26.3 53.4 $0.49 2019 Net Income Shares Outstanding (millions) Earnings per Share Balance Sheet Assets Cash Accounts Receivable Inventory Total Current Assets Net Property, Plant & Equipment Goodwill & Intangibles Total Assets Liabilities & Stockholders' Equity Accounts Payable Accrued Compensation 48.5 87.5 33.5 169.5 243.7 362.5 775.7 692 69.2 312 169,6 240.6 3625 772.7 86.0 68,5 28.4 182.9 306.4 362.5 851.8 73.7 78.8 32.9 185.4 341.3 362.5 889.2. 83.9 86.2 34.7 204.8 349.4 362.5 916.7 17.4 6.7 19.3 5,5 21.8 7.5 28.6 8.9 32.8 10.1 TOLLA 24.1 502.8 526.9 248.8 775.7 24.8 5028 527.6 245.1 772.7 29.3 576.2 605.5 246.3 851.8 37.5 600.8 638.3 250.9 889.2 42.9 600.8 843.7 273.0 916.7 Total Current Liabilities Long-Term Debt Total Liabilities Stockholders' Equity Total Liabilities & Stockholders' Equity Statement of Cash Flows Net Income Depreciation & Amortization Change in Accounts Receivable Change in Inventory Change in Pay. & Accrued Comp. Cash from Operations Capital Expenditures Cash from Investing Activ 2019 26.3 36.8 (7.4) 2015 20.9 26.0 3.9 (2.9) 2.1 50.0 (25.9) (25.9) 2016 3.8 26,9 18.3 2.3 0.7 52.0 (25.5) (25.5) 2017 10.2 35.4 0.7 2.8 4.5 53.6 (104.4) (104.4) 2018 14.6 36.8 (10.3) (4.5) 8.2 44.8 (75.9) (75.9) (1.8) 5.4 59.3 (41.9) (41.9) Statement of Cash Flows Net Income Depreciation & Amortization Change in Accounts Receivable Change in Inventory Change in Pay. & Accrued Comp. Cash from Operations Capital Expenditures Cash from Investing Activ. Dividends Paid Sale (or Purchase) of Stock Debt Issuance (Pay Down) Cash from Financing Activ. Change in Cash Mydeco Stock Price 2015 20.9 26.0 3.9 (2.9) 2.1 50.0 (25.9) (25.9) (5.8) 2016 3.8 26.9 18.3 2.3 0.7 52.0 (25.5) (25.5) (5.8) 2017 10.2 35.4 0.7 2.8 4.5 53.6 (104.4) (104.4) (5.8) 2018 14.6 38.8 (10.3) (4.5) 8.2 44.8 (75.9) (75.9) (5.8) 2019 26.3 36.8 (74) (1.8) 5.4 59.3 (41.9) (41.9) (7.2) (5.8) 18.3 $8.47 73.4 67.6 16.8 $5.28 (5.8) 20.7 $3.47 (7.2) 24.6 18.8 (12.3) $8.01 10.2 $9.54