No excel

15. (4 pts) Specialty Machining, Inc. bought a new multi-turret turning center for $250,000. The machine generated new revenue of $80,000 per year. Operating expenses for the machine averaged $10,000 per year. Following IRS regulations, the machine was depreciated using the MACRS method, with a recovery period of 7 years. The center was sold for $75,000 after 5 years of service. The company uses an after-tax MARR rate of 12% and is in the 21% tax bracket. Determine the after-tax net present worth of the asset over the 5-year service period