TUINV METHIMIN BIN MUSI www.vwwwv b. Calculate the after-tax proceeds of the sale of the existing roaster. c. Calculate the change in net working capital using the following figures: Anticipated Changes in Current Assets and Current Liabilities - $19,800 +49,800 + 40,200 +70,200 Cash 0 Notes payable +14,600 d. Calculate the initial investment associated with the proposed new roaster. Accruals Inventory Accounts payable Accounts receivable (Round to the nearest dollar.) (Round to the neare a. The remaining book value of the existing roaster is $ b. The after-tax proceeds of the sale of the existing roaster will be $ Calculating initial investment DuPree Coffee Roasters, Inc., wishes to expand and modemize its facilities. The installed cost of a proposed computer-controlled automatic-feed roaster will be $140,000. The firm has a chance to sell its 4-year-old roaster for $34,400. The existing roaster originally cost $60,200 and was being depreciated using MACRS and a 7-year recovery period (see the table ) DuPree is subject to a 40% tax rate a. What is the book value of the existing roaster? b. Calculate the after-tax proceeds of the sale of the existing roaster c. Calculate the change in net working capital using the following figures: Anticipated Changes in Current Assets and Current Liabilities Accruals Inventory Accounts payable Accounts receivable -$19,800 +40,000 +40,200 +70,200 a. The remaining book value of the existing roaster is $ (Round to the nearest dollar) b. The after-tax proceeds of the sale of the existing roaster will be $ (Round to the nearest dollar) c. The change in networking capital will be $ (Round to the nearest dollar) d. The initial investment associated with the proposed new roaster will be (Round to the nearest do Data table Depreciation Percentages by Recovery Year Using MACRS for ar Property Classes ery year 9 10 11 otas 3 years 33% 45% 15% 7% Percentage by recovery year 5 years 7 years 20% 14% 25% 18% 12% 9% 32% 19% 12% 12% 5% 0% 9% 4% 10 years 10% 18% 14% 12% 0% 8% 7% 6% 6% 0% 4% 100% 100% 100% 100% ercentages have been rounded to the nearest whole percent to simplity calculations whe realism. To calculate the actual depreciation for tax purposes, be sure to apply the actuali d percentages or directly apply double-declining balance (200%) depreciation using the convention