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Henredon purchases a high - precision programmable router for shaping furniture components for $ 1 9 0 , 0 0 0 . It is expected

Henredon purchases a high-precision programmable router for shaping furniture components for $190,000. It is expected to last 12
years and have a salvage value of $5,000. It will produce $45,000 in net revenue each year during its life. Corporate income taxes are
25 percent, and the after-tax MARR is 10 percent. Determine the ATCF for each year and the after-tax PW, AW, IRR, and ERR, if the
router is kept for 12 years.
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