calculate the initial investment at the various sale prices of A, B, C & D given the table below

Initial investment at various sale prices Edwards Manufacturing Company (EMC) is considering replacing one machine with another. The old machine was purchased 3 years ago for an installed cost of $10,000. The firm is depreciating the machine under MACRS, using a 5-year recovery period. (See table applicable depreciation percentages.) The new machine costs $24,600 and requires $2,080 in installation costs. The firm is subject to a 40% tax rate. In each of the following cases, calculate the initial investment for the replacement. for the a. EMC sells the old machine for $11,400. b. EMC sells the old machine for $7,080. machine for $2,900. c. EMC sells the old d. EMC sells the old machine for $1,600. Calculate the initial investment at various sale prices below. a. EMC sells the old machine for $11.400. (Round to the nearest dollar.) (a) Cost of new asset Installation cost Total installed cost Proceeds from sale of old asset Tax on sale of old asset Total after-tax proceeds Initial investment $ $ $ $ $