x Problem 7-49 (algorithmic) E Question Help Consider the following proposed capital investment in an engineering project and Proposed capital investment $99,000 determine its Salvage value (end of year four) E $0 Annual expenses per year $35,000 a. year-by-year ATCF. Gross revenues per year $71,000 b. after-tax AW, Depreciation method MACRS (GDS) c. annual equivalent EVA. Useful life four years Assume MACRS depreciation is appropriate with a property class of three years Effective income tax rate (t) 48% After-tax MARR (i 15% per year click the icon to view the GDs Recovery Rates (r) for the 3-year property class. E Click the icon to view the interest and annuity table for discrete compounding when the MARR is 15% per year. a. Determine the after-tax cash flows for each year. (Round to the nearest dollar.) EOY ATCF