Please help, and show work(not in Excel)

Review Problems 1. Determine whether the following contract described below is worthwhile of undertaking after taxes if at the end of the 2-year of ownership the contract, you expect to sell both depreciable equipment. Use present worth analysis under MARR = 15% and effective tax rate. Equipment 1 investment: Equipment 2 investment: Annual benefit: Useful life: Equipment 1 market value (EOY 2): Equipment 2 market value (EOY 2): Depreciation: Federal tax rate: 10 years $32,750 $30,000 GDS 10 20% State tax rate: 15% Local tax rate: 5% $30,000 $40,000 $30,000 The MARCS depreciation percentages (GDS 10) for each year are as follows: 10.00; 18.00; 14.40; 11.52; 9.22; 7.37; 6.55; 6.55; 6.56; 6.55; and 3.28. 1 5214

Review Problems 1. Determine whether the following contract described below is worthwhile of undertaking after taxes if at the end of the 2 -year of ownership the contract, you expect to sell both depreciable equipment. Use present worth analysis under MARR =15% and effective tax rate. - The MARCS depreciation percentages (GDS 10) for each year are as follows: 10.00;18.00;14.40;11.52;9.22;7.37;6.55;6.55;6.56;6.55; and 3.28