See problem below:

Jakob Corporation has the following information pertaining to the purchase of a new piece of equipment: Cash revenues less cash expenses $55.09!] per year Cost of equipment $190,0 Salvage value atthe end of the 113'\" year 525,00!) Increase in working capital requirements $3 (LBW Tax rate 40 percent Life [0 years Cost of capital is 15 percent. Required (use excel): a. Calculate the following assuming straight-line depreciation: i. Calculate the after-tax net income for each of the tan years. ii. Calculate the after-tax cash flows for each of the ten years. iii. Calculate the after-tax payback period. iv. Calculate the accrual accounting rate of return on original investment for each of the ten years. v. Calculate the net present value [NPV). vi. Calculate the internal rate of return (IRE). b. Calculate the following assuming that depreciation expense is $30,000, $27,000, $24,000, $21,000, $18,000, $15,000, $12,000, $9,000, $6,000 and $3,000 for years 1 through 10, respectively: i. Calculate the after-tax cash flows for each of the ten years. ii. Calculate the after-tax payback period. iii. Calculate the net present value (NPV). iv. Calculate the internal rate of return (IRR)