102 features in ce public spent new smartph one but adds 30. Calculating Required Savings A proposed cost-saving device has an installed cost of $565,000. The device will be used in a five-year project is classified as three-year MACRS property for tax purposes. The req initial net working capital investment is $40,000, the tax rate is 23 p and the project discount rate is 12 percent. The device has an es 5 salvage value of $55,000. What level of pretax cost savings do y for this project to be profitable? ax rate is 23 percent nas an estimated Year avings do we require QUEST 1. What