A contract manufacturing company purchased a production equipment for $400,000 to meet the specific needs of a customer that had awarded a 3-year contract with the possibility of extending the contract for another 3 years. The company plans to use the MACRS depreciation method for this equipment as a 5-year property for tax purposes. The income tax rate for the company is 34%, and it expects to have an after tax rate of return of 10% for all its investments. The equipment generated a yearly revenue of $80,000 for the first three years. The customer decided not to renew the contract after 3 years. Consequently, the company decided to sell the equipment for $200.000 at the end of 3 years. Answer the following questions. (a) Show before-tax cash flows (BTCF) from n=0 to n=3. (b) Calculate depreciation charges. (c) Find taxable incomes and income taxes. (d) Show after-tax cash flows (ATCF). (e) Determine either after-tax NPW or after-tax rate of return for this investment, and indicate if the company obtained the expected after-tax rate of return