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Q3: Calculate the book value for Synthetic Resin and Epoxy Resin. Show formulas. Synthetic Resin Average Year 0 1 2 3 4 5 Net Income

Q3: Calculate the book value for Synthetic Resin and Epoxy Resin. Show formulas.

Synthetic Resin Average
Year 0 1 2 3 4 5
Net Income $150,000 $200,000 $300,000 $450,000 $500,000 $320,000
Depreciation $200,000 $200,000 $200,000 $200,000 $200,000
Book Value $1,000,000.00 #DIV/0!
Net Cash Flow ($1,000,000.00) $350,000 $400,000 $500,000 $650,000 $700,000
AAR
Epoxy Resin Average
Year 0 1 2 3 4 5
Net Income $440,000 $240,000 $140,000 $40,000 $40,000 $180,000
Depreciation $160,000 $160,000 $160,000 $160,000 $160,000
Book Value $800,000 #DIV/0!
Net Cash Flow ($800,000) $600,000 $400,000 $300,000 $200,000 $200,000
AAR

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