Depreciation and After Tax Cash Flow

1. Calculate the complete depreciation table for an asset with a Cost Basis of $80,000, a Salvage Value of $20,000 and a useful life of 6 years with the Declining Balance 200% method.

The asset was used in a project with the following cash flows: Initial investment in the asset $80,000; annual revenues $50,000; annual expenses $20,000; duration 6 years. Since the asset was in very good condition, it was sold at the end of the 6 th year in $35,000 instead of $20,000. Calculate the After Tax Cash Flow and After Tax NPV for this project, using a tax rate of 30%, an after tax MARR of 12% per year and the depreciation table of the previous part.

**If is possible, explain the operations required to calculate the After Tax Cash Flow and After Tax NPV.