Project estimation and cost

100% - Normal text Arial 11 BIUAS 3 + 2 - E E EE. E- EE X An IT hardware upgrade project requires the trade in of the old hardware, and the purchasing and installation of new hardware. Estimates of the project are provided in the following table. a) Produce the Net Income Statement for the project b) Produce the Net Cash Flow Statement c) Compute the disposal tax effect, G. (Show you calculations in detail) d) Calculate the total taxes that also include the asset disposal tax. Description Project Cost of new hardware. $ 125,000 Installation costs of new hardware, $ 18,000 Initial project labour costs, $ 500,000 Annual operating expenses, $ 20,000 Annual revenues, $ 100,000 CCA rate of new equipment 20% Income tax Rate 20% Capital Gains Tax Rate, tcc 10% Project analysis period, years 3 Estimated Salvage Value of new equipment, SN $ 155,000 Trade-in of old hardware Trade-in allowance, $ 7.500 Book value, UCON.$ 12.500 I C