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Milliken uses a digitally controled dyer for placing intricate and integrated patterns on manufactured carpet squares for home and commercial use. It is purchased for

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Milliken uses a digitally controled dyer for placing intricate and integrated patterns on manufactured carpet squares for home and commercial use. It is purchased for $325,000. It is expected to last 8 years and has a salvage value of $30,000. Increased before tax cash flow due to this dyer is $87,500 per year. Milken's tax rate is 40%, and the after-tax MARR is 12%. Develop tables using a spreadsheet to determine the ATCF for each year and the after-tax Pw. Ave RR and ERR after 8 years. a. Use straight-line depreciation (no half-year convention) b. Use MACRS-GOS and state the appropriate property class c. Use double declining balance depreciation (no half-year convention, no switching). (Round your answer to 2 decimal places for PW and AW. Do not round intermediate computations. Tolerance is /-1.00. Round to 2 decimal places and present in percentage format IRR and ERR. Tolerance is +/- 0.02. PW AW a. b. C

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