Alp Inc. is evaluating the purchase of new equipment with an expected life of 10 years. At the end of the fifth year, Alp expects to spend $5,000 to repair the equipment. The company's tax rate is 30% and its after-tax required rate of return is 8%. The after-tax present value of the repairs is closest to: $(1,022). $(1,500). $(2,384). $(3,500). A company needs an increase in working capital of $20,000 in a project that will last 4 years. The company's tax rate is 30% and its after-tax-required rate of return is 10%. The after-tax present value of the release of the working capital at the end of the project is closest to: $14,000 $13,660. $9,562. $4,098