QUESTION 19 After spending $236,000 for research and development for the past 5 years, a company is considering launching a new microprocessor. The old production facility, with a book value of $268,000 will be sold for scrap for $125,000. The new production facility will cost $1.259.000. If the firm has a tax rate of 32%, what is the NICO? $1,367,012 $1,524,102 $1,606,606 $1,088,240 none of these QUESTION 20 A project will generate annual sales of $23 million and annual cash operating costs of $16 million. The $50 million project is depreciated using a 5-year MACRS schedule. If the firm's tax rate is 39%, calculate the first year incremental net operating cash flow (ANOCF). $7.14 million $8.17 million $9.69 million $8.86 million none of these Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All An QUESTION 17 Which of the following would be an incremental cost for a project? all of these depreciation expense associated with the project wages for employees employed during the project salaries of managers employed during the project QUESTION 18 A new delivery truck with automated dispersion of liquids is purchased for $97,000. It will require training costing $12,000. The installation of the controller and software in the cab of the truck will cost $13,000. The consulting firm that presented the specifications for the truck charged $9,500. Determine the ICO for the project. $122,000 $131,500 $109,620 $96,000 none of the above