HUULIL. 4. Calculating OCF [L01] Consider the following income statement: Sales Costs Depreciation EBIT Taxes (22%) Net income $747.300 582,600 89,300 ? ? ? Fill in the missing numbers and then calculate the OCF. What is the depreciation tax shield? will erfor & Calculating Salvage Value [L01] An asset used in a four-year project falls in the five-year MACRS class for tax purposes. The asset has an acquisition cost of $5,100,000 and will be sold for $1,600,000 at the end of the project. If the tax rate is 21 percent, what is the aftertax salvage value of the asset? up a new any bought warehouse ities from a 4.1 million. plant will 9. Calculating Project OCF LOI) Quad Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $2.32 million. The fixed asset will be depreciated straight-line to zero over its three-year tax life, after which time it will be worthless. The project is estimated to generate $1.735 million in annual sales, with costs of $650,000. If the tax rate is 21 percent, what is the OCF for this project? 10. Calculating Project NPV [L01] In the previous problem, suppose the required return on the project is 12 percent. What is the project's NPV