A printing press is acquired for $$40,000,$ with a useful life of $5$ years. The press is expected to

produce a total of $11,000$ copies over its lifetime, with the following annual production values:

$2,000$ copies in year $1,2,500$ copies in year $2,2,000$ copies in year $3,3,000$ copies in year $4,$

and $1,500$ copies in year $5.$ The press has an annual benefit of $$16,000$ and an estimated

salvage value of $$8,000.$ Calculate the before$-$tax cash flow, annual unit of production

depreciation expense, taxable income, yearly taxes, and after$-$tax cash flow for each of the $5$

years.