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130 points) Cash flow diagrams not Problem 4 of 4.( required. A hybrid electric truck purchased for $30,000. The company uses a 5 years MACRS

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130 points) Cash flow diagrams not Problem 4 of 4.( required. A hybrid electric truck purchased for $30,000. The company uses a 5 years MACRS for depreciation. The truck saves $9,500 per year. At the end of year 4, the truck was sold for $9,000. The company pays 28% combined state and federal tax rate. a) Complete the given table below b) Show your calculation for the shaded areas in the table Year BTCF Dep. Taxable income Income tax 28% ATCF 0 -30,000 -30,000 1 2 3 4 4 $9,000

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