1. A paving ompany is buying a paving machine that costs $249,850. This is a 7 year asset. Develop a depreciation schedule according to MACRS 2. The same paving company that is in a 35% tax bracket uses this paver generating the following stream of gross income. Compute their post-tax cash flow. Is this a good investement if their MARR is 6%? Year ross Income 185,000 220,000 123.000 242,000 10,000 90,000 90,000 45,000 3. In early September of year 6, this same company decides that business is not very good and sells the paving machine for $45,000. What are the tax impijcations