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q2 Al Jumuah Company has decided to sign a proposal for new air conditioning system. It contains the following data: . The related tax rate

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Al Jumuah Company has decided to sign a proposal for new air conditioning system. It contains the following data: . The related tax rate is 16% The system will depreciate by OMR 32,000 (year 1), OMR 30,000 (year 2), OMR 25,000 (year 3) and OMR 20,000 for all remaining years. 8-year useful life Yearly maintenance costs are currently OMR 2,000 and will continue after the investment is made. OMR 60,000 is the salvage value Purchase cost for the system is OMR 670,000 The company's overall savings will be OMR 570,000 each year with the implementation of the new system. What are the incremental cash flows over the proposal's useful life

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