Input area (green) Equipment Sales Salvage value Fixed costs NWC Variable costs Tax rate Discount rate $ $ $ 525,000 348,000 35,000 56,000 40,000 35% 22% 9% Output area (cream), final answer in yellow Year 1 Years 2-5 Sales Variable costs Fixed costs Depreciation EBIT Tax Net income + Depreciation OCF Aftertax salvage value Cash flow Cumulative cash flow Year 0 1 2 NPV IRR MIRR Payback period Updal. September 15, 2021 4. (10 points) XZY, Incorporated, is considering the purchase of new equipment that will allow the company to colled loose hen feathers for sale. The equipment will cost $525,000 and will be eligible for 100% bonus depreciation. The equipment can be sold for $35.000 at the end of the proped in the years. Sales would be $348.000 per year, with annual fixed coss of $59.000 and variable costs equal to 35 of sales. The project would require an invesment of $31.000 n NWO that would be returned at the end of the project. The tax rate is 22% and the required rate of eum is a Calculate the NPV of this project b. Cabiate the IRR of his proced Assume reinvestment rate is requred rate of relun Calculate the MRR of this project using combination approach d. Calculate the payback period of this projed