Analysis Scenario 1: Operate carrier for 2S years and scrap. Scenario IA: Purchase carrier at 35% tax rate. Since Ocean Carriers has headquarters in both the United States and Hong Kong, we begin the analysis by finding the expected cash flows for Ocean Carriers using a 35% corporate income tax. If the carrier is sold after 15 years, the after- tax scrap value will be $4,367,728. This value was found by taking the known scrap value at year 15 of and using the inflation rate to determine the scrap value in year 25. With this, the net present value for Ocean Carriers after 25 years will be $6,872,291.