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Hansen Company, a cash basis taxpayer, paid $50,000 for an asset in year 0 . Assume it can deduct one-half of the cost in year

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Hansen Company, a cash basis taxpayer, paid $50,000 for an asset in year 0 . Assume it can deduct one-half of the cost in year 0 and the remainder in year 1 . Assume a 21 percent tax rate and 8 percent discount rate Use Appendix A Required: a. Calculate the net present value of Hansen's after-tax cost of the asset: b. Now assume Hansen borrows the $50.000 needed to purchase the asset. It repays the loan in year 2 , with interest of $10,000 Calculate the net present value of Hansen's after-tax cost of the asset under these new facts. Complete this question by entering your answers in the tabs betow. Calculate Required A resent value of Hansen's after-tax cost of the asset. Note: Round your intermediate calculabions to the nearest whole dollar amourit, Negative amount should ber indicated by a minus-sign. Hansen Company, a cash basis taxpayer, paid $50,000 for an asset in year 0 . Assume it can deduct one half of the cost in year 0 and the remainder in year 1 . Assume a 21 percent tax rate and 8 percent discount rate Use Appendix A. Required: a. Caiculate the net present value of Hansen's after-tax cost of the asset. b. Now assume Hansen borrows the $50.000 needed to purchase the asset. it repays the loan in year 2 , with interest of $10.000. Caiculate the net present value of Hansens after tax cost of the asset under these nev facts. Complete this question by entering your answers in the tabs below. Now assume Hansen borrows the 550,000 needed to purchase the asset. It repays the loan in year 2, with interest of $10,000. Calculate the net present value of Hansen's after tax cost of the asset under these new facts. Note: Round your intermediate calculations to the nearest whole dollar anount. Nugaove ampunt should be indicated by a minus sign: P

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