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 $5,800. Henredon will borrow $100,000 at 13.8% over 6 years paying only interest each year and paying all the principle in the sixth year. It will produce $49.000 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. ATCF - $ ATCF:- $ ATCF $ ATCF3 = $ ATCF4- $ ATCFS - $ ATCF = 5 ATCF, - $ ATCF - $ ATCF9 - $ ATCF 10 - $ ATCF - $ ATCF12 = 5 b. Determine the PW of the after-tax cash flows. PWs = $ c. Determine the AW of the after-tax cash flows. AWST - $ d. Determine the FW of the after-tax cash flows. FWST=$ e. Determine the combined IRR of the after-tax cash flows. IRR = % t. Determine the combined ERR of the after-tax cash flows. ERR- % 2. Determine the real IRR of the after-tax cash flows. IRR, % h. Determine the real ERR of the after-tax cash flows. ERR, % Parts o-d: Round your answer to 2 decimal places. The tolerance is 5. Parts e-h: Round your answer to 2 decimal places and present in percentage format. The tolerance is +0.1. Click here to access the TVM Factor Table Calculator