Operating cash inflows$$Strong Tool Company has been considering purchasing a new lathe to replace a fully depreciated lathe that would otherwise last $5$ more years. The new lathe is expected to have a$5-$year life and depreciation charges of $$2,400$ in Year$1$; $$3,840$ in Year$2$; $$2,280$ in Year$3$; $$1,440$ in both Year $4$ and Year$5$; and $$600$ in Year $6.$ The firm estimates the revenues and expenses$($excluding depreciation and$$ interest$)$for the new and the old lathes to be as shown in the following table $.$ The firm is subject to a $40\%$ tax rate on ordinary income.

a$.$ Calculate the operating cash inflows associated with each lathe. INCLUDE THE FOLLOWING INFORMATION FOR NEW LATHE YEARS $1-6$ AND OLD LATHE YEARS $1-5.(1.$ Revenue $2.$ Expenses, excluding depreciation & interest $3.$ Profit before depreciation and taxes $4.$ Depreciation $5.$ Net profit before taxes $6.$ Taxes $7.$ Net profit after taxes $8.$ Operating cash flow$)($Note: Be sure to consider the depreciation in year $6.)$

b$.$ Calculate the operating cash inflows resulting from the proposed lathe replacement. INCLUDE THE FOLLOWING INFORMATION FOR YEARS $1-6.(1.$ New Lathe $2.$ Old LAthe $3.$ Incremental cash flows$)$

c$.$ Depict on a time line the incremental operating cash inflows calculated in part $b.$

Data table$-$ IMAGE ATTACHED INCLUDES ALL NUMBERS

a$.$ Calculate the operating cash inflows associated with the new lathe be

Data table

$($Click on the icon here $$ in order to copy the contents of the data table below into a spreadsheet.$)$