Rosey Inc, purchased a manufacturing equipment that costs RM$1\mathrm{.}3$ million, with additional $10\%$ installation cost. The equipment has a life of $7$ years and will be sold at year $5$ for $20\%$ of the total equipment cost. The company tax rate is $24\%.$

The MACRS rate is as follows:

Year Rate

$114\mathrm{.}29\%$

$224\mathrm{.}49\%$

$317\mathrm{.}49\%$

$412\mathrm{.}49\%$

$58\mathrm{.}93\%$

$68\mathrm{.}92\%$

$78\mathrm{.}93\%$

$84\mathrm{.}46\%$

he asset cost to be depreciated is RM$\_\_\_\_\_\_\_\_\_\_\_\_\_\_.$

Depreciation expenses in Year $1$ is RM$\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_.$

Depreciation expenses in Year $4$ is RM$\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_.$

Accumulated depreciation in Year $2$ is RM$\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_.$

Book value at Year $5$ is RM$\_\_\_\_\_\_\_\_\_\_\_\_\_\_.$

Accumulated depreciation in Year $6$ is RM$\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_.$

Book Value at Year $7$ is RM$\_\_\_\_\_\_\_\_\_\_\_\_.$

The equipment will be sold at RM$\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_.$

Gain$/$ Loss on Disposal is RM$\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_.$

$($If it is a loss in disposal, state your answer as negative, $-$xxx$)$

After tax cash flow$/$ Tax Shield on disposal is RM$\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_.$

$($If it is a tax shield, state your answer as negative, $-$xxx$)$