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EOY BTCF END OF YR DEPRECIATION TAXABLE CASH FLOW ATCF BOOK VALUE DEDUCTION INCO

ID: 1100729 • Letter: E

Question

EOY

BTCF

END OF YR

DEPRECIATION

TAXABLE

CASH FLOW

ATCF

BOOK VALUE

DEDUCTION

INCOME

FROM TAX

0

-180,000

-180,000

1

46,000

136,250

43,750

2,250

-788

45,213

2

-10,000

92,500

43,750

-53,750

18,813

8,813

3

?

48,750

43,750

-7,750

2,713

       ?

4

46,000

5,000

43,750

2,250

-788

45,213

*4

4,000

-1,000

-350

3,650

*SOLD FOR $4,000

      PW=

?

MARR=

12%

               

            PW=

          ?

Note well: For this problem enter all $ values with a precision to nearest dollar with no commas or dollar signs

Depreciation Method (SL or DDB or GDS or ADS)=

PW of BTCF=

PW of AFCF=

Estimate of MV EOY 0 =

Actual salvage value =

Yr 3 BTCF =

Yr 3 ATCF =

EOY

BTCF

END OF YR

DEPRECIATION

TAXABLE

CASH FLOW

ATCF

BOOK VALUE

DEDUCTION

INCOME

FROM TAX

0

-180,000

-180,000

1

46,000

136,250

43,750

2,250

-788

45,213

2

-10,000

92,500

43,750

-53,750

18,813

8,813

3

?

48,750

43,750

-7,750

2,713

       ?

4

46,000

5,000

43,750

2,250

-788

45,213

*4

4,000

-1,000

-350

3,650

*SOLD FOR $4,000

      PW=

?

MARR=

12%

               

            PW=

          ?

Explanation / Answer

Depreciation Method (SL or DDB or GDS or ADS)= SL

PW of BTCF=-$85,942

PW of AFCF=-$73999

Estimate of MV EOY 0 =180,000

Actual salvage value =$180,000 - 4*43,750= 5000

Yr 3 BTCF =$41000

Yr 3 ATCF =$38713

EOY BTCF END OF YR DEPRECIATION TAXABLE CASH FLOW ATCF BOOK VALUE DEDUCTION INCOME FROM TAX 0 -180,000 -180,000 1 46,000 136,250 43,750 2,250 -788 45213 2 -10,000 92,500 43,750 -53,750 18,813 8813 3 41,000 48,750 43,750 -7,750 2,713 38713 4 46,000 5,000 43,750 2,250 -788 45213 *4 4,000 -1,000 -350 3,650 *SOLD FOR $4,000       PW= ($85,942) MARR= 12%                             PW= -73999