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For Q1-Q4 below: Kilby's Casinos is considering replacing their craps tables. They were purchased 4 years ago for a total cost of $100,000 and are

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For Q1-Q4 below: Kilby's Casinos is considering replacing their craps tables. They were purchased 4 years ago for a total cost of $100,000 and are being depreciated straight-line to a zero value over 10 years. Use 40 percent for the effective tax rate. Q1: Calculate depreciation each year (= annual depreciation). O $10,000 per year $20,000 per year 0 $30,000 per year $100,000 per year QUESTION 2 Q2: Calculate BV. BV - original acquisition cost-accumulated depreciation O $40.000 O $50,000 O $60,000 O $70,000 QUESTION 3 Q3: If these crap tables are sold at $75,000 (MV), what are the after-tax cash flows (ATSV) to Kilby's Casinos? Use 40 percent for the effective tax rate. O $69,000 O $48.000 O $60,000 O $36,000 QUESTION 4 Q4: If these crap tables are sold at $60,000 (MV), what are the after-tax cash flows (ATSV) to Kilby's Casinos? Use 40 percent for the effective tax rate. O $69,000 0 $60,000 O $36,000 O $30.000 QUESTIONS Q5: If these crap tables are sold at $20,000 (MV), what are the after-tax cash flows (ATSV) to Kilby's Casinos? Use 40 percent for the effective tax rate. O $69,000 O $60,000 O $36,000 O $30,000

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