mework Discount Cash-Flow X Question 5 - Homework: Discour X + + + C ezto.mheducation.com/ext/map/index.html?_con= con&external_browser=0&launchUrl=https%253A%252F%252Flms.mheducation.com252Fmgh.. * *0Q Homework: Discount Cash-Flow Analysis Assignment Saved Help Save & Exit Submit Check my work 5 Gluon Inc. is considering the purchase of a new high pressure glueball. It can purchase the glueball for $150,000 and sell its old low- pressure glueball, which is fully depreciated, for $26,000. The new equipment has a 10-year useful life and will save $34,000 a year in expenses. The opportunity cost of capital is 11%, and the firm's tax rate is 21%. What is the equivalent annual saving from the purchase if Gluon can depreciate 100% of the investment immediately. (Do not round intermediate calculations. Round your answer to 2 points decimal places.) eBook Equivalent annual savings Hint Print