California Builders bought new equipment for $280,000. The new equipment generated revenue of $90,000 per year. Operating costs for the equipment were $20,000 per year. Following IRS regulations, the equipment was depreciated using the MACRS method (7-year property). The equipment was sold for $100,000 after 5 years of service. The company uses an after-tax MARR rate of 12% and is in the 35% tax rate. Determine the after-tax net present worth of this asset over the 5-year service period and fill the table Year BTCF MARCS Dep. Rate MACRS Dep. Recap Dep. Tax Income Tax ATCF 0 -$280,000 1 $70,000 2 $70,000 3 $70,000 $70,000 5 $170,000 Cumulative Depreciation 4