Depreciation and accounting cash flow A firm in the third year of depreciating its only asset,Question Viewer info

$($Click on the icon here $$ in order to copy the contents of the data table below into a spreadsheet.$)$

Rounded Depreciation Percentages by Recovery Year Using MACRS for

First Four Property Classes

${?}^{**}$ These percentages have 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.

which originally cost $$180,000$ and has a $5-$year MACRS recovery period $i,$ has gathered the

following data relative to the current year's operations:

a$.$ Use the relevant data to determine the operating cash flow for the current year.

a$.$ Complete the following table to determine the operating cash flow $($OCF$)$: $($Round to the

nearest dollar.$)$

Operating Cash Flow

Sales revenue

Less: Total costs before depreciation, interest, and taxes

Depreciation expense

Earnings before interest and taxes

Less: Taxes at $40\%$

Net operating profit after taxes $($NOPAT$)$

Plus: Depreciation

Operating Cash Flow $($OCF$)$