3e 42 Se 4. A large corporation subjected to 21% marginal tax is investing in a new income producing asset that is depreciated on a MACRS 5 year schedule. The full price of the asset is 300,000 but the asset will be financed at an interest rate of 7.00% over 5 years after a down payment of 30%. The expected revenue and costs by year are given below. When retired, the asset will have no value. Year le 22 Direct Revenue 120,0004280,000 360,000320,000 210,000 90.000 Direct and Allocated Cost 85,000 120,000-160,000 150,000 110,0004 65,000 Prepare a net after tax cash flow (ATCF) statement / exhibit for all 6 years of the new asset. a. What is the net cash flow (ATCF) in year 2? b. What is the net cash flow in year 5? c. What is the PW of the net cash flow applying an interest rate of 14.0%