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Telstar Communications is going to purchase an asset for $440,000 that will produce $210,000 per year for the next four years in earnings before depreciation

Telstar Communications is going to purchase an asset for $440,000 that will produce $210,000 per year for the next four years in earnings before depreciation and taxes. The asset will be depreciated using the three-year MACRS depreciation schedule in Table 1212. (This represents four years of depreciation based on the half-year convention.) The firm is in a 35 percent tax bracket.

Fill in the schedule below for the next four years. (Input all amounts as positive values. Round your answers to the nearest whole dollar amount.)

Year 1 Year 2 Year 3 Year 4
Earnings before depreciation and taxes $ $ $ $
Depreciation
Earnings before taxes $ $ $ $
Taxes
Earnings after taxes $ $ $ $
Depreciation
Cash flow $ $ $ $
image text in transcribed
R 50 95 86 9999999990 5555555553 RS 00 80 44 15 5999 2888 Y, .1 2 1 1 0 0 0 2558 9115 1110 5 0 1234567890123456789

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