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A package-delivery company is considering purchasing a and to expend the rage and timeliness of its delivery The new plane has purchase price of $3.2

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A package-delivery company is considering purchasing a and to expend the rage and timeliness of its delivery The new plane has purchase price of $3.2 million. It will also be required to increase working capital by $700,000 to cover costs of preparing for use of the plane. The company's projection estimate that the operating income (Revenues minus Expenses) will be $540,000 in the first year and increase by 6% each year. They plan to sell the plane after 4 years at an expected Market value of $1.4 million. The company used before-tax MARR of 20.34% and pays 35.869% in state Taxes. Both MACRS GDS advice the company on which method of deprecation they should select. Fill in the tables below for each method (not all of the rows or column need to be used). You must obtain the PW amount of each of the ATCF's to select only one method. Show all calculation. Caution: Be aware of the 3/2-year convention

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