Periodic cash inflows Soenic Tours, Inc; in a provider of bus tours throughout Now England. The corporation is coneidering the replacement of 11 of its olider bises. The exsting buses were purchared 4 yoars ago at a total cost of $2,729,000 and are boing doprociated using MACFS and a 5 yyar recowory period f (w00 tablo The new buses wouid have seger passenger capucily and beller fuct efficiency as well as lower mantenance costs. The fotal cont for 11 new buses is $2,965, 000. Likn the oider buses. the new ones wocild be deprociated usrn MACRS and a Syear reoovery period: Sconic is subject to a tax rato of 21%. The following table presents revenues and cash expenses (exdiuding depreciation and interest) for the proposed purchase as well as the present foet. Use at of the inlormation givon to calculate incremental (nef) periodio cash fiows for the proposed bus replacement. Calculase the incremental (not) periodic cash flows below. (Round to thengamat dailina) Data table (Cick on the loon here 0 in order to copy the cortonts of the dala table bolow into a sprosdsheot.) Rounded Depreciatien Percentages by Recovery Year Using MACRS for First Four Property Classes