Question: help please asap in excel . You and your friends have developed a new board game. You perfected throughout college and now want to take

help please asap in excel
help please asap in excel . You and your friends have developed

. You and your friends have developed a new board game. You perfected throughout college and now want to take it to market and start a business. To get to market you are requesting $30,000 from an investor. There are several costs to get the board game to market. Manufacturing board game. Each games costs $22 to manufacture. You sell each board game for $52 on kickstarter. You expect to sell 525 in year 1 and increase by 50 board games each year after. Marketing $600 in year 1 and expected to increase by 10% each year after. There is a specific piece in the game that your manufacturer cannot make. So you need to buy a 3D printer to print the piece. The printer costs $10,000 and can be depreciated using the MACRS method. The printer is in the 5-year class of MACRS. (table at the end of the document) You are asking an investor for $50,000 to get the board game to market. Meaning they will give you $30,000 today and they expect a return on their investment of at least 8% at the end of 5 years. Below are the questions you need to answer for your investors to give you the money to bring the board game to market. What is the ATCF for years 1-5? Remember you only pay taxes on income. Since you are a startup you qualify for a special program that actually allows you to only pay taxes on profit so you can remove any costs associated with manufacturing or marketing from your taxable income. You are in Florida and therefore there is no state tax. You will pay taxes based on the federal tax bracket below, Taxable Income Tax Rate $0-$50,000 15% $50,001 - $75,000 25% $75,001 - $100,000 5+% $100,001 - $535,000 $555,001 - $10 Million 54% $10 Million - $15 Million 55% > $15 Million 38% B 39%

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