(4 pts) Consider an asset used in a project that costs $250,000 and will be straight-line depreciated to zero over 5 years. The assumed salvage value after 5 years is $0. a. What is the book value of the asset after three years? Book Value = $ b. What would the After-Tax Salvage Value of the asset be if the asset is sold for $70,000 at the end of year 3, assuming the appropriate tax rate is 35%? After-Tax Salvage Value= $. (4 pts) XYZ Co is considering a major expansion of its business. The new expansion project will require that inventories increase by $30,000, accounts receivables will increase by $55,000 and accounts payable will increase by $13,000. What is the increase in Net Working Capital requirement that would be a part of the project analysis? Increase in Net Working Capital =