hi.. need rhe answer for these questions below.. using the fomular and financial calculator ya not excel. TQ

Percentage by recovery year" Recovery yea: 3 years 5 years 7 years 10 years I 3.191% 20"4- 14% IU'HI 2 45 32 25 I H 3 I 5 I 9 I R I 4 4 7 12 [2 I 2 .s i 2 9 9 6 5 '9 3 7 9 7 H 4 - 9 6 I n F.' l I 4 Irrstrlls \"HP-Va HHF'A- \"10% HH'F'H-u Table 4.2 1. Research Clinic purchased a blood-testing machine 4 years ago for $96,000. It is being depreciated under MACRS with a 2-year recovery period using the percentages given in Table 4.2 on page 156. Assume a 30% tax rate. a. What is the book voice of the blood- testing machine? b. Calculate the clinic's tax liability if it sold the blood- testing machine for each of the following amounts: $120,000: $25,000: $231,200; and 521,000. 2. Miller Dental, Inc. is considering replacing its existing laser checking system, which was purchased 3 years ago at a cost of $563,000. The laser checking system can be sold for a lump sum of $253,000. It is being depreciated using MACRS and a 5-year recovery period [see Table 4.2, page 1661.13. new laser checking system will cost $820,000 to purchase and install. Replacement of the planned laser checking system would not involve any change in net working capital. Assuming a 20% tax rate, calculate the following: a. The book value of the existing laser checking system. b. The aftertax proceeds of its sale for $253,000. 3. Edwards Manufacturing Company [EMC} is considering replacing one machine with another. The old machine was purchased 3 years ago for an installed cost of $10,000. The firm is depreciating the machine under MACRS, using a 5-year recovery period. {See Table 4.2 on page 156 for the applicable depreciation percentages.) The new machine costs $24,000 and requires 52,000 in installation costs. The firm is subject to a 40% tax rate. In each of the following cases. calculate the initial investment for the replacement. a. EMC sell the old machine for 511,000. 1}. EMC sell the old machine for $2,000. :2. EMC sell the old machine for 52,900. d. EMC sell the old machine for $1,500