Problem 07-08 (Static) [LO 7-3] Hansen Company, a cash basis taxpayer paid $50,000 for an asset in year 0. Assume it can deduct one-half of the cost in year and the remainder in year 1. Assume a 21 percent tax rate and 8 percent discount rate. Use Appendix A Required: 6. Calculate the net present value of Hansen's after-tax cost of the asset b. Now assume Hansen borrows the $50,000 needed to purchase the asset it repays the loan in year 2, with interest of $10,000. Calculate the net present value of Hansen's after-tax cost of the asset under these new facts, answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required Calculate the net present value of Hansen's after-tax cost of the anet. (Round your intermediate calculations to the nearest Whole dollar amount Negative amount should be indicated by a mine sign) NPV of her 40.0201