Question: PLEASE, DO NOT COPY ANOTHER ANSWER. THESE QUESTIONS ARE DIFFERENT AND THE ANSWERS WILL BE WRONG. PLEASE SHOW WORK AND ACTUALLY HELP ME. THANK YOU.

PLEASE, DO NOT COPY ANOTHER ANSWER. THESE QUESTIONS ARE DIFFERENT AND THE ANSWERS WILL BE WRONG. PLEASE SHOW WORK AND ACTUALLY HELP ME. THANK YOU. ALSO ANSWER ALL OF THE PARTS. THANK YOU.

PLEASE, DO NOT COPY ANOTHER ANSWER. THESE
The Rumpel Company purchased a felt press last year at a cost of $7,500. The machine is 5-year property with depreciation rates of 20%, 32%, and 19.2% in the first three years. The book value after three years is $2,160. The division manager reports that, for $12,000 (including installation), a new felt press can be bought. The new machine is also 5-year property and will have a book value of $5,760 at the end of two years. Two years after replacement. the old press can be sold for $200 and the new press will be worth $2,000. Taxes are 40%. What is the incremental net salvage cash flow in the terminal year if the old press is replaced? (Round your answer to the nearest dollar.) $E

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