A company is planning to replace their older asset with new one. The old asset has been used for 4 years and has a balance of accumulated depreciation $160000 and 2 years of useful life so the assets has depreciated with straight line method with zero solving value the cost of new asset is 300,000 with the installation cost of 5000 and transportation cost 10000. The older asset has been sold on 120000. The replacement will raise the networking Capital by 120000 and will raises the annual revenue 40,000. Because of new efficiency the operation and maintenance cost reduced by 15,000 annually. This asset is going to be depreciated by Macrs 5 years class. At the end of useful life the asset is expecting lose scarp to be 30000 with tax Rate of 35%.calculate relevant cash flow.