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KADS. Inc. has spent $400,000 on research to develop a new computer game The fir

ID: 2720843 • Letter: K

Question

KADS. Inc. has spent $400,000 on research to develop a new computer game The firm is planning to spend $200,000 on a machine to produce the new game Shipping and retaliation costs of the machine will be capitalized and depreciated; they total $50,000 The machine has an expected life of three years, a $75,000 estimated resale value, and falls under the MACRS 7-year class life Revenue from the new game is expected to be $600,000 per year, with costs of $250 000 per year The firm has a tax rate of 35 percent, an opportunity cost of capital of 12 percent, and it exports net working capital to increase by $100 000 at the beginning of the protect. What will the cash Bows tor this project be? (Negative amounts should be indicated by a minus sign. Round your answers to 2 decimal places.)

Explanation / Answer

year cash flow depreciation tax shield on depreciation total cash flow 0 -350000 -350000 1 227500 35725 12503.75 240003.75 2 227500 61225 21428.75 248928.75 3 302500 43725 15303.75 317803.75