Gaewelyn is considering opening a new business for a long$-$term

care facility. The initial investment for the business is $$650,000,$

which includes constructing the housing unit and purchasing

other assets. For tax purposes, the projected salvage value of all

the assets is $$80,000.$ The government requires depreciating the

assets using the straight$-$line method over the business's life of

$15$ years. Gaewelyn is trying to estimate the net cashflows after tax

for this business. She has already figured out that the business

will generate an annual after$-$tax cash inflow of $$85,000$ from

the operation. She now needs your help to estimate the net cash

inflow that she will receive from selling the facility's assets at the

end of $15$ years. Gaewelyn's required return is $8\%.$

Required:

$(1)$ Gaewelyn estimates that, if the economic is booming at the end

of the $15$ years, she can sell the assets for $$118,000.$ Assuming

the tax rate of $30\%,$ what is the net after$-$tax cashflow Gaewelyn

will receive from selling her assets at the end of $15$ years? $($Please

round your answer to the nearest dollar.$)$ $

$(2)$ If Gaewelyn is able to sell her assets for $$$18,000,$ as

mentioned in $(1)$ above, what is the Internal Rate of Return

$($IRR$)$ for Gaewelyn's business? $($Please round your answer to two

decimal points, i$.$e$.,$ XX$.$XX$\%)$

$|\%$

$(3)$ Gaewelyn estimates that, if the economy is in recess at the end

of the $15$ years, she can sell the assets for $$50,000.$ Assuming the

tax rate of $30\%,$ what is the net after$-$tax cashflow Gaewelyn will

receive from selling her assets at the end of $15$ years? $($Please

round your answer to the nearest dollar.$)$ $

$(4)$ If Gaewelyn is able to sell her assets for $$50,000,$ as

mentioned in $(3)$ above, what is the Net Present Value $($NPV$)$ for

Gaewelyn's business? $($Please round your answer to two decimal

points$)$ $