pta 1943698cmid=102058 elp@rital.ps The firm pays 40 percent taxes on ordinary income and capital gains. Sanad invests $5,000 in NWC that will be recovered at the final year of the project. Calculate the book value of the existing asset being replaced Calculate the tax effect from the sale of the existing asset. Calculate the initial investment required for the new asset. pta 1943698cmid=102058 elp@rital.ps The firm pays 40 percent taxes on ordinary income and capital gains. Sanad invests $5,000 in NWC that will be recovered at the final year of the project. Calculate the book value of the existing asset being replaced Calculate the tax effect from the sale of the existing asset. Calculate the initial investment required for the new asset