incremental (indil) ponadic cash fons tor the proposed bus teplacement Data table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet) Rounded Depreciation Percentages by Recovery Year Using MACRS for First Four Property Classes Periodic cash inflows Scenic Tours, Inc, is a provider of bus tours throughout New England. The corporation is considering the replacement of 13 of its older buses Calculate the incremental (net) periodic cash flows below (Round to the nearest dollar) eriodic cash inflows Scenic Tours, Inc, is a provider of bus tours throughout New England. The corporation is onsidering the replacement of 13 of its older buses. The existing buses were purchased 4 years ago at a total cost of 2,718,000 and are being depreciated using MACRS and a 5-year recovery period (see table ). The new buses vould have larger passenger capacity and better fuel efficiency as well as lower maintenance costs. The total cost for 13 new buses is $3,016,000. Like the older buses, the new ones would be depreciated using MACRS and a 5 -year recovery period. Scenic is subject to a tax rate of 21%. The following table presents revenues and cash expenses (excluding depreciation and interest) for the proposed purchase as well as the present fleet. Use all of the information given to calculate incremental (net) periodic cash flows for the proposed bus replacement. Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Rounded Depreciation Percentages by Recovery Year Using MACRS for First Four Property Classes T Inese percentages nave been rounded to the nearest whole percent to simplify calculations while retaining realism. To calculate the actual depreciation for tax purposes, be sure to apply the actual unrounded percentages or directly apply double-declining balance (200%) depreciation using the half-year convention