QUESTION 19 A delivery truck with a book value of $2,900 will be replaced with a new one costing $79,000. The trade-in allowance for the old truck is $14,000. If the firm's tax rate is 3696, what is the NICO for the new truck? $49,075 $68,996 $72,202 $64,190 none of these QUESTION 20 Project Nirvana will generate sales of $4 million per year, and $2.2 million of cash operating costs per year. Project nirvana has an initial cash outlay of $13 million, which is depreciated using a 5-year MACRS category.. The firm is in a 38% tax bracket. Calculate the first year incremental net operating cashflow (ANOCF). $2.008 million $1.999 million $2.104 million $3.254 million none of these