P11-8 (similar to) Calculating initial investment Vastine Medical, Inc., is considering replacing its existing computer system, which was purchased 2 years ago at a cost of $333,0 table ) Anew computer system will cost $496,000 to purchase and install. Replacement of the computer system would not involve any change in networking a. Calculate the book value of the existing computer system b. Calculate the after-tax proceeds of its sale for $205,000 c. Calculate the initial investment associated with the replacement project a. The remaining book value is (Round to the nearest dollar) HW Score: 0%, 0 of 7 p 3 of 7 (0 completo) Question Help computer system which was purchased 2 years ago at a cost of $333,000. The system can be sold today for $205,000 it is being depreciated using MACRS and a 5-year recovery period (see the ment of the computer system would not involve any change in networking capit Assume a 40% tax rate on ordinary income and capital gains