3UPLS.J 3. A company purchased an asset for $200,000. MACRS depreciation was charged over a 3-year recovery period. The effective tax rate of 40% was applied. The market interest rate was 5%/year. a. Complete the table for the values in the last 4 columns. b. Draw two CFDs, one for the CFBT and the other for the CFAT, c. Compute the Net Present Worth for the CFBT and the CFAT d. Determine the percent amount of cash flow NOT lost to taxes. Year First Cost Gross Expenses Depreciation Taxable Taxes CFBT CFAT /Salvage Income MACRS Income 0 200,000 80,000 20,000 150,00040,000 120,000 30,000 100,000 50,000