in this example (which i have populated to the best of my ability) I have a question about the terminal your cash flows. When I am calculating this section, should I include the removal cost as I have it showing online 38? And if so, when calculating the tax do I calculate based on the before tax proceeds of $8000 only? Or do I subtract the $1200 and calculate the tax off of $6800?

Any guidance would be greatly appreciated!

Input Data (could be more or less than those listed here) \begin{tabular}{|c|c|c|c|c|c|c|c|c|} \hline Cost of NEW equipment & & $115,000,00 & & \multicolumn{3}{|c|}{ Old equipment's depreciable hle leff } & \multirow{3}{*}{\begin{tabular}{l} 1 Year \\ 5 \\ $32,000.00 \end{tabular}} & \\ \hline Addifional Modification Cost & & $3,000,00 & & \multicolumn{3}{|c|}{ Old equpment's depreciated years } & & \\ \hline Net working capital requirement & & $6,500.00 & & \multicolumn{3}{|c|}{ Anunal cosi savings } & & \\ \hline & & & & \multicolumn{3}{|c|}{ Removal cost of ald equipment } & $1,200.00 & \\ \hline Salvage value new equipment & & $8,000,00 & & \multicolumn{3}{|c|}{ Removal cost of new equipment } & $8,000.00 & \\ \hline Cast at old equipment & & $48,000 & & \multicolumn{3}{|l|}{ Cost of Debt } & 0.06 & \\ \hline Depreciation of old equipment bll & date & 2024 & & & & & & \\ \hline Salvage value of old equipment & & $4,200.00 & & & & & & \\ \hline Tax rate & & 25% & & & & & & \\ \hline WACC (See WACC Sheet for C. & aics) & 9.85% & & & & & & \\ \hline \begin{tabular}{c} Yr. 0 \\ \end{tabular} & Yr.1 & Yr.2 & Yff3 & Yr,4 & Yr.5 & Yr,6 & Yr. 7 & Yr,8 \\ \hline Depreciation rates & 0.14 & 0.25 & 0.17 & 0.13 & 0.09 & 0.09 & 0.09 & 0.04 \\ \hline \end{tabular}