I need some help with the explaination of this problem. i will attach the question and the answer but if you could explain the formulas and what each variable means that would be very helpful

1. A manufacturing company which is in the 34% tax bracket buys a large computer and warehouse management system for $210,000.
   1. Show the depreciation schedule for this asset, if it is in the 7 year property class.

Answer

Year r_t d_t BV_t BTCF TI Taxes ATCF

0 -210,000 -210,000

1 14.29 30,009 179,991 75,000 44991 15297 59703

2 24.49 51,429 128,562 75,000 23571 8014 66986

3 17.49 36,729 91,833 75,000 38271 13012 61988

4 12.49 26,229 65,604 75,000 48771 16582 58418

5 8.93 18,753 46,851 75,000 56247 19124 55876

6 8.92 18,732 28,119 75,000 56268 19131 55869

7 8.93 18,753 9,366 75,000 56247 19124 55876

8 4.46 9,366 0 75,000 65634 22316 52684