A new hydraulic excavator was purchased by a construction company for $200,000 with annual benefits before taxes in cach of the 5 years of operation as given below (BTCF). The asset is depreciated using a DDB depreciation method to a salvage value that was estimated to be $50,000. At the end of year 5, however, the hydraulic excavator was actually sold for $70,000. The construction company is subject to a corporate tax rate of 30% and a 15% capital gain tax. It also uses a MARR of 12% to evaluate investments of this kind. t a) (5 pts) Calculate the after-tax cash flow (ATCF) for this investment and fill out all missing values in the tables below. Show your work for all steps. BTCF Depreciation D. Taxable Income Taxes ATCF 0 - $200,000 1 $75,000 2 $80,000 $54,000 4 $32,000 $32,000 3 5 5 Using a separate table for the DDB depreciation calculation might be helpful D BV 0 t 1 2 3 4 5 b) (2 pts) Decide if the new hydraulic excavator was a good investment based on the given MARR and a rate of return analysis