Bruno's Lunch Counter is expanding and expects operating cash flows of $24.900 a year for 4 years as a result. This expansion requires $55,000 in new fixed assets. These assets will be worthless at the end of the project. In addition, at requires $3,200 of net working capital throughout the life of the project. What is the net present value of this expansion project at a required rate of return of 10 percent? (9 saved Help Save & Exit Subml You own some equipment that you purchased four years ago at a cost of $287.000. The equipment is five-year property for MACRS. The MACRS rates are 2,32,192, .1152, 1152, .0576, for Years 1 to 6, respectively. You are considering selling the equipment today for $105,000. Which one of the following statements is correct if your tax rate is 24 percent and you claim no bonus depreciation? 22102