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present fleet. Use all of the information given to calculate incremental (net) periodic cash flows for the proposed bus replacement. Year begin{tabular}{|c|c|c|c|c|c|c|} hline multirow{3}{*}{Withtheproposednewbuses(000)} &

image text in transcribed present fleet. Use all of the information given to calculate incremental (net) periodic cash flows for the proposed bus replacement. Year \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multirow{3}{*}{Withtheproposednewbuses(000)} & & & Yea & & & \\ \hline & 1 & 2 & 3 & 4 & 5 & 6 \\ \hline & & & & & & \\ \hline Revenue & $1,855 & $1,850 & $1,839 & $1,825 & $1,822 & $1,798 \\ \hline Expenses (exclud. deprec. and int.) & 468 & 450 & 459 & 477 & 476 & 500 \\ \hline \multicolumn{7}{|l|}{ With the present buses (000)} \\ \hline Revenue & $1,793 & $1,795 & $1,786 & $1,793 & $1,771 & $1,755 \\ \hline Expenses (exclud. deprec. and int.) & 494 & 519 & 511 & 519 & 535 & 539 \\ \hline \end{tabular} Calculate the incremental (net) periodic cash flows below: (Round to the nearest dollar.) Year 1 Revenues: (000) New buses Old buses Incremental revenue Expenses: (000) New buses Old buses Incremental expense Depreciation: (000) New buses Old buses Incremental depreciation Incremental depreciation tax savings @ 21\% $ $ $ $ $$ $ $ $ $

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