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1. (20 points) Close notes and use of Excel is prohibited. You can only use the book to consult the interest tables A company invested

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1. (20 points) Close notes and use of Excel is prohibited. You can only use the book to consult the interest tables A company invested in a material handling equipment for $250,000. The installation costs incurred were $50,000. The material handling equipment has a MACRS-GDS 5-year property class. The BT&LCF generated is $150,000 per year, and the company's tax rate is 40%. The company obtained a loan to finance 50% of the equipment at 10% to be paid in 5 equal principal payments plus interest. It is anticipated that the equipment will be used only for 5 years and sold at the end of year 5 for $50,000. Fill the following ATCF table for year 5. EOY BTLCF / PPMT IPMT Section 179 DWO ATCF BV Madis 250,000 install so 090 Pola! 300,000

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