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What is the PV of the after tax EBIDTAs for the following replacement project? The new equipment will be depreciated down to zero using straight-line

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What is the PV of the after tax EBIDTAs for the following replacement project? The new equipment will be depreciated down to zero using straight-line depreciation over its 10-year life. The project is a 10 -year project. The market value of the new equipment at the end of year 10 is expected to be 0 . The new equipment will replace an existing old equipment that has 10 years left of depreciation at a $4,000 a year. The estimated before tax proceeds from selling this existing equipment is $15,000 today. The market value in 10 years for this old equipment would be 0 . The new equipment will generate annual cost savings of $20,000 before taxes. The tax rate is 30% and the discounting rate is 15%. For your answer, round to the nearest dollar (no need to enter decimals), DO NOT use commas, do not use the dollar (S) sign, and if the cash flow is negative enter the () sign in front of the first digit Your

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