A company is considering the purchase of a capital asset for $120,000. Installation charges needed to make the asset serviceable will total $22,000. The asset will be depreciated over six years using the straight-line method and an estimated salvage value (SV6) of $28,000. The asset will be kept in service for six years, after which it will be sold for $33,000. During its useful life, it is estimated that the asset will produce annual revenues of $22,000. Operating and maintenance (O\&M) costs are estimated to be $5,500 in the first year. These O\&M costs are projected to increase by $500 per year each year thereafter. The after tax MARR is 12% and the effective tax rate is 25%. a. Compute the after-tax cash flows. b. Compute the after-tax present worth of the project, and use a uniform gradient in your formulation. c. The before-tax present worth of this asset is $71,476. By how much would the annual revenues have to increase to make the purchase of this asset justifiable on a before-tax basis? Click the icon to view the interest and annuity table for discrete compounding when the MARR is 12% per year. a. Calculate the after-tax cash flows and fill in the table below. (Round to the nearest dollar.) b. The after-tax present worth of the project is $ (Round to the nearest dollar.) c. The increase in annual revenues would have to be $ (Round to the nearest dollar.)