Question 13 relies on the following information You are an analyst employed by Hanlon Ltd to assist in the evaluation of a new piece of machinery they are contemplating purchasing. They supply you with the following information: They also tell you that the appropriate effective corporate tax rate for the firm is 30% and that the machine will be fully depreciated on a straight-line basis over the 8-year life. (i.e. no salvage value will be recognized when calculating depreciation each year). 13. Construct a table setting out the cash flows expected over the life of the project. Your table should clearly label each cash flow and indicate the timing of the cash flow. Your table should also provide the total net cash flow at each point in time. You may group together cash flows for years where the aggregated amount is not expected to change (i.e. from year 1 to 7 ). Show all workings. Question 13 relies on the following information You are an analyst employed by Hanlon Ltd to assist in the evaluation of a new piece of machinery they are contemplating purchasing. They supply you with the following information: They also tell you that the appropriate effective corporate tax rate for the firm is 30% and that the machine will be fully depreciated on a straight-line basis over the 8-year life. (i.e. no salvage value will be recognized when calculating depreciation each year). 13. Construct a table setting out the cash flows expected over the life of the project. Your table should clearly label each cash flow and indicate the timing of the cash flow. Your table should also provide the total net cash flow at each point in time. You may group together cash flows for years where the aggregated amount is not expected to change (i.e. from year 1 to 7 ). Show all workings