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 40 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. Click here to access the TVM Factor Table Calculator Part b Use MACRS-GDS and state the appropriate property class. End of Year ATCF 0 $ 1 $ 2 $ 3 $ 4 $ 5 $ 6 $ 7 $ 8 $ 9 $ 10 $ 11 $ 12 $ After-tax PW:$ After-tax AW: $ For dollar amounts, carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is +10. After-tax IRR: % After-tax ERR: % For rates, carry all interim calculations to 5 decimal places and then round your final answer to 1 decimal place. The tolerance is +0.2. Property Class: A real estate photographer would like to invest in a drone camera so that she can take better aerial footage of properties. The drone will cost $1,300 and be used for the next 2 years before she needs to upgrade to a more recent model. She estimates that the drone will generate additional photography revenue of $1,000 per year, and that her drone will have a salvage value of $300 at the end of the 2nd year. Assuming a tax rate of 27%, a MACRS 5-year property class, 100% bonus depreciation, and an after-tax MARR of 7%, compute the after-tax present worth of the drone and determine whether or not the photographer should invest in this drone. Click here to access the TVM Factor Table calculator. Click here to access the MACRS-GDS Property Classes. Click here to access the MACRS-GDS percentages page. Click here to access the MACRS-GDS percentages for 27.5-year residential rental property. $ $ Carry all interim calculations to 5 decimal places and then round your final answer to a whole number. The tolerance is 5. Should the photographer invest in the drone