Initial investment at various sale prices Novartis International AG is considering replacing one labeling system with a new model. The old system was purchased $2$ years ago for an installed cost of CHf $500,000.$ The firm is depreciating the labeling system using a straight line amortization schedule for $5$ years. The new machine costs CH $700,000$ and requires CHf $50,000$ in installation costs. The firm is subject to a tax of $24\%,$ including the cantonal tax rates. In each of the following cases, calculate the initial investment for the replacement.a$.$ Novartis sells the old labeling system for. CHf $400,000.$b$.$ Novartis sells the old labeling system for CHf $300,000.$c$.$ Novartis sells the old labeling system for CHf $200,000.$d$.$ Novartis sells the old labeling system for CHf $100,000.$

Did the full math step by step. Do not use excel format, showing the proper calculation.

Subject: finance