Ms. T. Potts, the treasurer of Ideal China, bias a problem. The company has just ordered a new kiln for $576,000. Or this sum. $72.000 is described by the supplier as an installation cost. Ms. Potts does not know whether the Internal Revenue Service (IRS) will permit the company to treat this costas a tax deductible current expense or as a capital investment. In the latter case, the company could depreciate the $72.000 straight line over 5 years. The tax rate is 30% and the opportunity cost of capital is 5%. o. What is the present value of the cost of the kiln if the installation cost is treated as a separate current expense? b. What is the present value of the cost of the kiln if the installation cost is treated as a part of the capital investment? (Round your answer to the nearest whole dollar amount.) Answer is complete but not entirely correct. Presaril value Present value $ $ 20,571 18,7053 b