A company in the food/beverage industry is considering purchasing bottling equipment (a special handling device) for $100,000. It estimates the savings associated with the equipment to be $60,000/year. The annual costs of operating the equipment will be $20,000. The useful life of the equipment is 4 years, after which time its salvage value will be $15,000. The company has a 34% combined income tax rate and uses an after-tax MARR of 12%. For taxation purposes, the bottling equipment can be classified as a Class 39 item (CCA rate = 25%). a) Calculate the after-tax cash flows for this investment. b) Using net present worth analysis, determine whether purchasing this equipment would be a wise choice for the company to make c) Suppose the company sells the equipment at the end of Year 3 for $40,000. Compute the equipment's final book value in Year 3, the depreciation recapture, and the income tax due as a result of the depreciation recapture