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Robinson Co. is interested in purchasing a new delivery vehicle so it can become a subcontractor with Amazon Logistics. The vehicle costs $88,000 and will

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Robinson Co. is interested in purchasing a new delivery vehicle so it can become a subcontractor with Amazon Logistics. The vehicle costs $88,000 and will generate delivery revenue of $30,000 in year 1; they anticipate this revenue will increase by 4% in each of the following five years (years 2-6) due to inflation. If Robinson Co. purchases the vehicle it will take a loan for $68.000 that charges 3% annual interest and repay the loan in 6 equal end of year payments. At the end of the years, the vehicle will be sold for $10.000 (in then-current dollars). The tax rate is 25%. Assuming that the vehicle is depreciated using MACRS (S-year property class) and that Robinson Couses an alter-tax MARR of 8%.compute the PW and determine whether Robimon Co should purchase the new business vehicle Click here to access the TVM Factor Table calculator Click here to access the MACRS-GOS Property Classes Click here to access the MACRS-GDS percentages page Click here to access the MACRS-GDS percentages for 27.5-year residential rental property $ Carry all interim calculations to decimal places and then round your final answer to a whole number. Use a minus sign to enter your answer, if any. The tolerance is = $10. Should Robinson Co should purchase the delivery vehicle

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