4. Anderson estimates that the new project will last for 5 years. At the end of project, the company will be able to sell the equipment for $80,000 with the book value of $30,000. The tax rate is 21%. What is the cash flow generated from the equipment sold? 5. Anderson estimates that it will need to purchase the new equipment which costs $400,000 (net of tax) for the new project. The installation cost is $30,000 (net of tax). The company's tax rate is 21%. Prior to identifying the project, the company spent $6,000 for marketing research to identify target market. What is cash flow from the initial investment of this project