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Henredon purchases a high-precision programmable router for shaping furniture components for $190,000. It is expected to last 12 years and have a salvage value of $5,000. Henredon will borrow $100,000 at 13% over 6 years, paying only interest each year and paying all the principal in the 6th year. It will produce $45,000 in net revenue each year during its life. All dollar amounts are expressed in real or constant dollars. Depreciation follows MACRS 7-year property, taxes are 25%, the real after-tax MARR is 10%, and inflation is 3.9%. 4(a) Determine the then-current or actual after-tax cash flows for each year. 4(b) Determine the PW of the after-tax cash flows. 4(c) Determine the AW of the after-tax cash flows. 4(d) Determine the FW of the after-tax cash flows. 4(e) Determine the combined IRR of the after-tax cash flows. 4(g) Determine the real IRR of the after-tax cash flows