Attorracts

Kowp the Mighewt $\frac{?}{2}$

Analysis of a replacement project

$1-6.$

depreciation inft $($ $$50,000$ par vear$).$

value $($at voar $0)$ of $$300,000.$

projoct's ifo $($yoar $6).$

The projuct's cost of capital is $13$ ab$.$

The cempary$/$s annual tax rate as $30\%.$

The tot present value $($NWW$)$ of this replacement project is:

$$288,604$

$$276,578$

$$240,503$

$$160,377$