Show work

6) First cost of equipment - $175,000. Market value at the end of year 6 $35,000. MACRS depreciation is used. The equipment is a 5-year property. Incremental income-tax rate for the company = 35% Determine the first-year after tax-cash flow Determine the fourth-year taxable income a. b. Calculate the tax on depreciation recapture in year 6 Year BT-CF in $ O&M Expenses 0 2 4 -175K 60K 63K 66K 69K 72K 75K 10K 13K 16K 19K 22K 25K