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 $5,600. Henredon will borrow $100.000 at 13.6% over 6 years, paying only interest each year and paying all the principle in the sixth year. It will produce $48,000 in net revenue each year during its life. All dollar amounts are expressed in real dollars. Depreciation follows MACRS 7-year property, taxes are 25%, the real after-tax MARR is 10%, and inflation is 3.9%. a. Determine the actual after-tax cash flows for each year. ATCF0=$ATCF1=$ATCF2=$ATCF3=$ATCF4=$ATCF5=$ATCF6=$ATCF7=$ATCF8=$ATCF9=$ATCF10=$ATCF11=$ATCF12=$ b. Determine the PW of the after-tax cash flows. PW$T=$ c. Determine the AW of the after-tax cash flows. AWST=$ d. Determine the FW of the after-tax cash flows. FW5T=$ e. Determine the combined IRR of the after-tax cash flows. IRR= t. Determine the combined ERR of the after-tax cash flows