A company is considering a project that would require the purchase of an asset for $150,000. The asset belongs in a 20% CCA class and is expected to have no salvage value at the end of the 7-year project. The project would require a net working capital investment of $26,000 up- front. The company has a tax rate of 30% and a required return of 16%. The project is expected to generate annual pre-tax cost savings of $45,000. What is the expected present value of after-tax savings for this project? Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit any commas and the $ sign in your response. For example, an answer of $1,000.50 should be entered as 1000.50. Numeric Response A company purchased an asset that has an installed cost of $4,000,000. The asset qualifies for a 30% CCA rate. What is the beginning UCC for year 2? Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit any commas and the $ sign in your response. For example, an answer of $1,000.50 should be entered as 1000.50. Numeric Response