Problem 7-30 (algorithmic) Question Help The Greentree Lumber company is attempting to evaluate the profitability of adding another cutting ine to its present sawmill operations. They would need to purchase two more acres of land for s30,000 (otal) The equipment would cost and could be depreciated over a five-year recovery period with the MACRS method The new is expected to increase revenue by 000 per year for five years, and operating expenses $15.000 annually for five years. Itis expected that this cutting Ine will be closed five The firm s effective income tax rate is 53%. the company's after tax MARR is 5% per year is this a profitable investment? Assume that land recovered at original cost of s30,000 at the end of five years. The market value of equipment is negligible at the end of year 5. Cick the icon to view the GDs Recovery Rates (r) for the 5year property class Click the icon to view the interest and annuity table for discrete compounding when the MARR is 5% per year Calculate the PW value for this investment. PW (5% (Round to the nearest dolar)