AW is Annual Worth

1.1 Consider the proposed capital investment in an engineering project. . . Proposed.capital investment: $85,000 Salvage value (end of year four): 0 Annual expenses per year: $20,000 Gross revenues per year: $55,000 Depreciation method: GDS Property Class year: 3 Effective income tax rate (t): 25% After-tax MARR (1): 8% The study period is 4 years. determine (a) after-tax AW 1 Point LATEX ? 1.2 (b) annual equivalent EVA. 1 Point $ LATEX