$13.$A company is acquiring an asset which will have a capitalized cost of $$2,368,708$ and a depreciable life of $10$ years. They plan to use this machine for $6$ years, then sell it for $$380,910.$ Assuming straightline depreciation and a $$196,833$ salvage value, what will be the gain or $($loss$)$ when they sell it$?$

$14.$A company is acquiring an asset which will have a capitalized cost of $$2,452,542$ and a depreciable life of $8$ years. They plan to use this machine for $4$ years, then sell it for $$444,291.$ Assuming a $22\%$ tax rate, straightline depreciation and a $$62,145$ salvage value, what will be the tax effect of the gain or $($loss$)$ when they sell it$?$

$15.$A company is acquiring an asset which will have a capitalized cost of $$1,598,826$ and a depreciable life of $10$ years. They plan to use this machine for $6$ years, then sell it for $$309,715.$ Assuming a $23\%$ tax rate, straightline depreciation and a $$175,485$ salvage value, what will be the tax effect of the gain or $($loss$)$ when they sell it$?$

$16.$A company is acquiring an asset which will have a capitalized cost of $$2,292,752$ and a depreciable life of $8$ years. They plan to use this machine for $6$ years, then sell it for $$544,738.$ Assuming a $28\%$ tax rate, straightline depreciation and a $$238,541$ salvage value, what will be the after$-$tax proceeds of the sale?

$17.$A company is considering buying a piece of equipment which is priced at $$2,363,804,$ has a $5\mathrm{.}0\%$ import tariff and will require shipping and insurance amounting to $$96,983.$ The machine will need to be installed and trued up before it is usable, which will cost $$61,398,$ and the crews will need to be trained before the machine can be used. Training will cost a further $$57,805.$ What is the capitalized cost of the machine?

$18.$A company is acquiring an asset which will have a capitalized cost of $$1,554,882$ and a depreciable life of $9$ years. Assuming straightline depreciation and a $$71,633$ salvage value, what will be the book value at the end of year $5?$

$19.$A company is acquiring an asset which will have a capitalized cost of $$1,980,403$ and a depreciable life of $8$ years. They plan to use this machine for $5$ years, then sell it for $$711,661.$ Assuming a $30\%$ tax rate, straightline depreciation and a $$133,918$ salvage value, what will be the after$-$tax proceeds of the sale?

$20.$A company is launching a new sales initiative and expects sales of $$743,495$ during the first year. The company plans to only sell on account to its customers, so sales will be entirely credit based. If the average invoice takes $48$ days to collect, what amount of accounts receivable should be included in the initial investment?

$21.$A company is launching a new sales initiative and expects sales of $$545,246$ during the first year, and the gross profit margin to be $22\%.$ To prepare for this, they plan to acquire $61$ days worth of inventory. They have also negotiated $58$ days to pay its invoices from the vendor supplying the inventory. What amount of accounts payable should be included in the initial investment?

$22.$A company is launching a new sales initiative and expects sales of $$424,254$ during the first year, and the gross profit margin to be $19\%.$ To prepare for this, they plan to acquire $63$ days worth of inventory. Their vendor will allow $33$ days to pay its invoices. The company plans to sell only on account to its customers, so sales will be entirely credit based, and the average invoice is expected to take $35$ days to collect. What amount of net working capital should be included in the initial investment?