Corporation taxable income places

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Reference no: EM131810123

New Tech has decided to redesign its open office areas. It has decided to install workstation cubicles for each engineer. These cubicles are classed as built-in furniture and cost $2000 each. The 11 cubicles will last 15 years, with maintenance costs of $75 per year. Assume that the cubicles have $0 salvage values. Assume MACRS and the current tax law. The corporation's taxable income places it in the top federal income tax bracket. New Tech's interest rate is 9%.

(a) Find the EAC for each cubicle.

(b) Find the after-tax cash flows for years 0 through 15.

Reference no: EM131810123

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