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Operating cash flows. Richard and Linda Thoenson operate a local lawn maintonance servico for commercial and residential property. They have been using a Jotn Deere

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Operating cash flows. Richard and Linda Thoenson operate a local lawn maintonance servico for commercial and residential property. They have been using a Jotn Deere riding mower for tine avaloblo. 1. There are 5 years of remaining useful fife on the old mower. 2. The old mower has a zero book value. 3. The new mower is expected to last 5 years 5. Depreciable value of the now lawn mownt is $1,790 6. They are swbiect to a 32N tax fale. 7. The new mover is expected to be mote fuel-elfident, maneuverable, and durable than the provious models and can result in reduced operating expenses of $517 por year 8. The Thomsone will buy a maintenance contract that calls for annual parments of $119. Create an operating cash fow statement for the repiacoment of Richard and Lindo's John Deere nding mower. Show the operaing cash flow for the fiext 6 ywart. Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Rounded Depreciation Percentages by Recovery Year Using MACRS for First Four Property Classes These percentages have been rounded to the nearest whole percent to simplify calculations while retaining realism. To calculate the actual depreciation for tax purposes, be sure to apply the actual unrounded percentages or directly apply double-declining balance (200%) depreciation using the half-year convention

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