Esfandairi Enterprises has equipment that is purchased 5 years ago for $658,000. The equipment was used fir a project that was intended to last for 8 years and was being depreciated straight-line to zero over its eight-years tax life. However, due to low demand the projects is being shut down and the equipment can be sold for $314,400 today. the company tax rate is 40 percent.

what is the annual depreciation?

What is the book value today, (year 5 of the equipment life)

What is the aftertax salvage value of the equipment? If the pro forma net income for the project is $146,290.

What is the operating cash flow? Assume there is no interest expense. (Do not round intermediate calculations and round your answer to 2 decimals, e.g, 32.16)