Please Help!!

Hercules Exercise Equipment Co. purchased a computerized measuring device two years ago for S60,000. The equipment falls into the five-year category for MACRS depreciation and can currently be sold for S25,800. A new piece of equipment will cost $150,000. It also falls into the five-year category for MACRS depreciation. Assume the new equipment would provide the following stream of added cost savings for the next six years. Use Table 12-12. Use Appendix B for an approximate answer but calculate your final answer using the formula and financial calculator methods. Cash Yea Savings 1 63,000 2 55,000 53,000 51,000 48,000 6 37,000 The firm's tax rate is 40 percent and the cost of capital is 13 percent. a. What is the book value of the old equipment? (Do not round intermediate calculations and round your answer to the nearest whole dollar) Book value b. What is the tax loss on the sale of the old equipment? (Do not round intermediate calculations and round your answer to the nearest whole dolla Tax loss