Problem 8: (10 points) You consider purchasing a new computing system, including networking, for your sales force for $112,000. The system has a 6-year useful life and no salvage value. Your sales force is expected to generate an additional $37,000 of net income before taxes and depreciation each year by using this upgraded system. The combined federal and state income tax rate-40%, Annual inflation-400. a. Fill in the following table assuming MACRS depreciation rates (6 points) Depreciation Taxable Tax owedAfter tax Inflation income adjustment tax income ncome 1$37,000 2 S37,000 3 $37,000 4$37,000 5 $37,000 6 $37,000 income factor $22,400 b. Ifyour MARR-15%, should you purchase this system based on your real after-tax income? Why or why not? (4 points)