Answer this question as fast as u can with in neat and clear writing

7) (35 points) Emkay Inc. is considering the purchase of a new automated material handling device to decrease labor costs of its manufacturing facility. For this device, the following data apply: Purchase price = $540,000 {$300,000 from own funds (equity) and $240,000 from a loan} Equipment Life: 4 years Depreciation: MACRS-GDS 3-year property Estimated salvage: $108,000 Effective tax rate: 35% EOY Expected O&M Costs Estimated Labor Savings $36,000 $216,000 $48,000 $240,000 .WNE $60,000 $264,000 A $72,000 $288,000 Conditions on loan: $240,000 borrowed at a nominal rate of 6% per year compounded annually. The loan is to be repaid over 3 years with equal annual payments. a) (10 points) Loan calculations - principal and interest payments. (Round off values to the nearest dollar) b) (25 points) Find the ATCF for each year of this investment (Round off values to the nearest dollar)