Show your work: Engineering Company bought a laser cutting machine at a cost of $400,000 to meet the specific needs of the customer that had given a 6-year contract and expected to renew. But, the customer decided not to renew the contract after 4 years. The machine generated $140,000 annual income for 4 years. The income tax rate for the company is 35%. The company expects an after-tax rate of return of 12% in all its investments. Was this investment worth it? The company uses the MACRS depreciation method for this equipment as 7-year property for tax purposes. The company took a 30% bonus depreciation in the first year. The company got $200,000 for breaching the contract. The company ended up scrapping the machine. Find 1. Find 4 years ATCF - 15 points 2. Worth or not conclusion with $ data values 8 points MacBook Pro