I am stuck on part G, part H, and part j-1 can you please help. I have included my all my work along with Appendix B and Table 12-12. thank you
Fuesctur a whe u\{sid, MYi. 1Y+TVI(1)+P2 Tahla 11 1) Danwnointinn nnwenntorme (nvwwnand in dncimals) Hercules Exercise Equipment Company purchased a computerized measuring device two years ago for $88,000. The equipment falls into the five-year category for MACRS depreciation and can currently be sold for $39.800. A new plece of equipment will cost $155,000. It also falls into the five-year category for MACRS depreciation. Assume the new equipment would provide the following stream of added cost savings for the next six years. Use Table 12-12. Use Anpendix B for an approximate answer but calculate your final answer using the formula and financial calculator methods. The firm's tax rate is 25 percent and the cost of capital is 12 percent. o. What is the book value of the old equipment? Note: Do not round intermediate calculations and round your answer to the nearest whole dollar. b. What is the tax loss on the sale of the old equipment? Note: Do not round intermediate calculations and round your answer to the nearest whole dollar. c. What is the tax benefit from the sale? Note: Do not round intermediate calculations and round your onswer to the nearest whole dollar. Answer is complete and correct. d. What is the cash inflow from the sale of the old equipment? Note: Do not round intermediate calculations and round your answer to the nearest whole dollar. Answer is complete and correct. e. What is the net cost of the new equipment? (Include the inflow from the sale of the old equipment.) Note: Do not round intermediate calculations and round your answer to the nearest whole dollar. f. Determine the depreciation schedule for the new equipment. Note: Round the depreciation base and annual depreciation answers to the nearest whole dollor. Round the percentoge depreciation factors to 3 decimal places. g. Determine the depreclation schedule for the remaining years of the old equipment. Note: Round the depreciation base and annual depreciation answers to the nearest whole dollar, Round the percentage depreciation factors to 3 decimal places. h. Determine the incremental depreciation between the old and new equipment and the related tax shield benefits. Note: Enter the tox rate as a decimal rounded to 2 decimal places. Round all other answers to the nearest whole dollar. 1. Compute the aftentax benefits of the cost savings. Note: Enter the aftertax factor as a decimal rounded to 2 decimal places. Round all other answers to the nearest whole dollar. j-1. Add the depreciation tax shield benefits and the aftertax cost savings to determine the total annual benefits Note: Do not round intermediate calculations and round your answers to the nearest whole dollar. Answer is complete but not entirely correct
