17) Which one of the following best illustrates erosion as it relates to a hot dog stand located on the beach? A) Offering french fries but not onion rings B) Selling fewer hot dogs because hamburgers were added to the menu C) Losing sales due to bad weather D) Providing both ketchup and mustard for customers' use E) Repairing the roof of the hot dog stand because of water damage 18) 18) All of the following are related to a proposed project. Which one of these should be included in the cash flow at Time 0? A) Annual depreciation tax shield B) Initial investment in inventory to support the project C) Net working capital recovery D) Loan obtained to finance the project E) Aftertax salvage value 19) 19) Kwik Dogs is considering the installation of a new cooker that will cut annual operating costs by $11.900. The system will cost $38,900 and will be depreciated to zero using straight-line depreciation over its five-year life. What is the amount of the earnings before interest and taxes for this project? Ignore bonus depreciation. A) S5,525 B)-$19,680 C) $4,120 D) $19.680 E) -S4,120 20) 20) Overland purchased $387,950 of fixed assets that are classified as three-year property for MACRS. The MACRS rates are .3333, .4445, 1481, and .0741 for Years 1 to 4, respectively. What is the amount of the depreciation expense in Year 3 assuming no bonus depreciation is taken? A) $12.766 59 B) $28,747.10 C) $42,399.29 D) $57,455.40 E) $59,929.11