ent Graded Problems o Winthrop Company has an opportunity to manufacture and sell a new product for a five-year period. To pursue this opportunity, the company would need to purchase a piece of equipment for $170,000. The equipment would have a useful of five years and zero salvage value. It would be depreciated for financial reporting and tax purposes using the straight line method. Aer careful study Winthrop estimated the following annual costs and revenues for the new product Kamal revenue and costs Sales revenues 8330,000 $160,000 $78,000 Ixed out-of-pocket operating costs The company's tax rate is 30% and its after-tax cost of capital is 15% Click here to view Exhibit78-1 and Exhibit 78 2. to determine the appropriate discount factors using tables. Required: 1. Calculate the annual income tax expense that will arise as a result of this investment 2. Calculate the net present value of this investment opportunity (Round your final answer to the nearest whole dollar.) 1. Annual income tax expense 2. presenta MacBook Pro WERTul so FoH xBNne EVE 0 50 1000 060 0900 HO OPO 80 SSHO CHO000 WOD HO DOWOSOHO SHOO 0000 500 0090 0590 1990 1900 W 920 OD NOWOWO DO WOO VIO 580 100 150 SO 0 90 90 590 60 120 OSO PSO 1050 1950 PISOSSO OSO 690 O NOSSO ROCO SEZONO NOWOSO 50 ESO 050 090 900 900 0 OVO 1019202900 O O O O 0090 0990 10 SSO 050 O D COPO BEDDED SOOD 00 00 00 00 00 0 0 S 100 0000 00 00 00 00 00 OS S ES DEO 9 3 50 000 0 00 000 0209 014503 106 0 063 022 0295 020 0200220001501000000 DINO O O O O 0000232 0 0 0 0 0 0 0 0084 0 0925 05 06 07 0.356 01 02 03 021 020800 0 010001120100900 000 000 30601 350 0 6 0700 002 0204 0000101160104 001 00 00 00 00 0055 157 00 00 00 029 0263 00205 000000500099 0 0 00 00 0049 004 50555 0.025 020000000000000DN 000500001000000005 5400 m 000054 0 0 00 00 00 00 00 00 00 00 6000 00 00 00 0000 5000000000000 2200 200 00 00 00 23 000 000 240390 00 00 0 0 19 1 00 000 0 00 0 0 0 0 0 000 000 000 000 000 000 000 0005 00 00 00 00 00 00 0000 000 000 000 0005 000000000000000000000000000000000004 D es 000000 CHAT 7-2 Potentiale of an Annuity of $1 in Arrears 1 - 1 Perie 2 2 2 100 000 000 0909 090 0893 085 0877 OKTOO O OOO OOO OOO 2 1 1 1 1 1 170 1690 1658 157 156 155 1 56 159 Tot 150 1 215 272 273 26242577 257 268 269 2402 236 2322 223 224 22020202020 200 201 1952 4 150 15 0 1200102303 294 292855 279821026 2025 2026 20242 52 4200 3 73696 3505 3517 30 352121101 101 2212202152 20 S U 21 398 301 101002351 O OS OSS SS 003 Y SSSSSSS Otto SESE WE W To m 55 50 e 55 55 55 5 5650 SO 525 15 10 150 0 PUEDOSS SS 0 OBLEM 20 S SH som en 2 DB TOTS SUN 22 0 0 201 202655060 65 cm 5550 350 2 2 550 55 195 2009 2021 ESO 16 SESSO 2 0 54 0907 822 703 7300 63 64 657 56 55 54 W TO 99956106 65.520605 2017 SS52990 SIT10920502941666514515552234 45 21SSSSS 0 5 0460 SS SS 77606233 S 55 55 454 G HJ command