N12345 6 7 Single Payment Compound Amount Factor (F/P, i, N) 1.2000 Present Worth Factor (P/F, i, N) Compound Amount Factor (F/A, i, N) Equal Payment Series Sinking Fund Present Capital Factor Worth Factor (A/F, i, N) (P/A, i, N) Recovery Factor (A/P, i, N) 0.8333 1.0000 1.0000 0.8333 1.2000 1.4400 0.6944 2.2000 0.4545 1.5278 0.6545 1.7280 0.5787 3.6400 0.2747 2.1065 0.4747 2.0736 0.4823 5.3680 0.1863 2.5887 0.3863 2.4883 0.4019 7.4416 0.1344 2.9906 0.3344 2.9860 0.3349 9.9299 0.1007 3.3255 0.3007 3.5832 0.2791 12.9159 0.0774 3.6046 0.2774 8 4.2998 0.2326 16.4991 0.0606 3.8372 0.2606 9 5.1598 0.1938 20.7989 0.0481 4.0310 0.2481 10 6.1917 0.1615 25.9587 0.0385 4.1925 0.2385 Screen Shot 20... Class 3 5 7 10 15 20 Depreciation Year n 200% 200% 200% 200% 150% 150% rate 9 11 1234567800-2345678 33.33 20.00 14.29 10.00 5.00 3.750 44.45 32.00 24.49 18.00 9.50 7.219 14.81* 19.20 17.49 14.40 8.55 6.677 7.41 11.52* 12.49 11.52 7.70 6.177 11.52 8.93* 9.22 6.93 5.713 5.76 8.92 7.37 6.23 5.285 8.93 6.55* 5.90* 4.888 4.46 6.55 5.90 4.522 6.56 5.91 4.462 6.55 5.90 4.461 3.28 5.91 4.462 5.90 4.461 5.91 4.462 5.90 4.461 5.91 4.462 2.95 4.461 4.462 4.461 Screen Shot 2023-11-28 at 6.22.01... Burlington Motor Carriers, a trucking company, is considering the installation of a two-way mobile satellite messaging service on its 2,000 trucks. From tests done last year on 120 trucks, the company found that satellite messaging could cut 50% of its $6 million bill for long-distance communications with truck drivers. More importantly, the drivers who used this system reduced the number of "deadhead" miles - those driven without paying loads - by 0.6%. Applying that improvement to all 230 million miles covered by the Burlington fleet each year would produce an extra $1.45 million in savings. Equipping all 2,000 trucks with the satellite hookup will require an investment of $6 million and the construction of a message-relaying system costing $1 million. The equipment and onboard devices will have a service life of eight years and negligible salvage value; they will be depreciated under the five-year MACRS class. Burlington's marginal tax rate is about 25%, and its required minimum attractive rate of return is 20%. Click the icon to view the MACRS depreciation schedules. Click the icon to view the interest factors for discrete compounding when i = 20% per year. (a) Determine the annual net cash flows from the project. Fill in the table below. (Round to four decimal places.) Period 0 Annual Net Cash Flow $7.0000 million 1 $3.6875 million 2 $3.8975 million 3 $3.6735 million 4 $3.5391 million 5 $3.5391 million 6 $3.4383 million 7 $ 3.3375 million 8 $3.3375 million