Calculating initial investment Vastine Medical, Ino,, is considering replacing its existing computer system, which was purchased 2 years ago at a cost of $332,000. The systam can be sold todey for \$205,000. It is being depreciated using MACRS and a 5-year recovery period (see the table ). A new computer system will cost $499,000 to purchase and install Replacament of the computer system would not involve any change in net working capital. Assume a 40% tax rate on ordinary income and capital gains. a. Calculate the book value of the existing computer system. b. Calculate the after-tax procoeds of its sale for $205,000. c. Calculate the inicial investment assoclated with the replacoment project. a. The remaining book value is \{ (Round to the nearest dolat.) Rounded Depreciation Percentages by Recovery Year Using MACRS for First Four Property Classes minese percentages nave been rounded to the nearest whole percent to simplify calculations while retaining realism. To calculate the actual depreciation for tax purposes, be sure to apply the actual unrounded percentages or directly apply double-declining balance (200%) depreciation using the half-year convention