Question$2$: $(13$pts$)$

A company is considering an investment opportunity that requires the investment of $$20,000$ in production control equipment to increase the output of an assembly line. As a result, the revenue obtained from the modified assembly line is expressed to increase.

The following information applies to the investment opportunity.

$\backslash$table$[[$Analysis period,$5$ years$],[$Estimated useful life of the equipment,$5$ years$],[$Annual revenues,$12,000\frac{\text{\$}}{?}$ year$],[$Market value in $10$ years,$20\%$ of the capital investment$],[$The equipment will be depreciated using MACRS$-$GDS$-5$year recovery,$],[$Effective income tax rate,$20\%$