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hello everything else is correct I really need help with e, f, and g Hercules Exercise Equipment Co. purchased a computerized measuring device two years

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hello everything else is correct I really need help with e, f, and g

Hercules Exercise Equipment Co. purchased a computerized measuring device two years ago for $64,000. The equipment falls into the five year category for MACRS depreciation and can currently be sold for $27,800. A new piece of equipment will cost $154,000. It also falls into the five-year category for MACRS depreciation. Assume the new equipment would provide the following stream of added cost savings for the next six years. Use Table 12-12. Use Appendix B for an approximate answer but calculate your final answer using the formula and financial calculator methods. Year 1 2 3 4 5 6 Cash Savings $ 65,000 57,000 55,000 53,000 50,000 39,000 The firm's tax rate is 25 percent and the cost of capital is 8 percent a. What is the book value of the old equipment? (Do not round intermediate calculations and round your answer to the nearest whole dollar) Answer is complete and correct. Book value $ 30.720 b. What is the tax loss on the sale of the old equipment? (Do not round intermediate calculations and round your answer to the nearest whole dollar.) Answer is complete and correct. Tax loss $ 2,920 c. What is the tax benefit from the sale? (Do not round intermediate calculations and round your answer to the nearest whole dollar.) Answer is complete and correct. Tax benefit $ 730 d. What is the cash inflow from the sale of the old equipment? (Do not round intermediate calculations and round your answer to the nearest whole dollar.) d. What is the cash inflow from the sale of the old equipment? (Do not round intermediate calculations and round your answer to the nearest whole dollar.) Answer is complete and correct. Cash inflow $ 28,530 e. What is the net cost of the new equipment? (Include the inflow from the sale of the old equipment) (Do not round intermediate calculations and round your answer to the nearest whole dollar.) Nel cost t. Determine the depreciation schedule for the new equipment (Round the depreciation base and annual depreciation answers to the nearest whole dollar. Round the percentage depreciation factors to 3 decimal places.) f. Determine the depreciation schedule for the new equipment. (Round the depreciation base and annual depreciation answers to the nearest whole dollar. Round the percentage depreciation factors to 3 decimal places.) X Answer is not complete. Year Depreciation Base Percentage Depreciation Annual Depreciation 1 2 3 4 5 6 $ 0 g. Determine the depreciation schedule for the remaining years of the old equipment. (Round the depreciation base and annual depreciation answers to the nearest whole dollar. Round the percentage depreciation factors to 3 decimal places.) Year Depreciation Base Percentage Depreciation Annual Depreciation 1 2 g. Determine the depreciation schedule for the remaining years of the old equipment. (Round the depreciation base and annual depreciation answers to the nearest whole dollar. Round the percentage depreciation factors to 3 decimal places.) Year Depreciation Base Percentage Depreciation Annual Depreciation 1 2 3 4 h. Determine the incremental depreciation between the old and new equipment and the related tax shield benefits. (Enter the tax rate as a decimal rounded to 2 decimal places. Round all other answers to the nearest whole dollar) Yeni Answer is complete and correct. Depreciation Depreciation on New on Old Incremental Depreciation Tax Rate Equipment Equipment IS 30.800 IS 12 288 18,512 0.25 49 280 7/360 41.920 0.25 29 568 7.360 9 g Tax Shield Benefits 1 2 4.628 10.480 3 26

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