Please help me solve this in excel (show formulas)

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Question 3 0 out of 10 points The PARC Co. Inc. has asked your firm to determine after tax * cash flows for research equipment, that the company is considering purchasing. PARC expects the equipment to operate for five years and to require the purchase of $290,968 worth of capital equipment. The capital equipment will have a resale value of $66,709 at the end of five years. PARC plans to use MACRS depreciation for its income tax calculations. The income tax rate is 35% and PARC uses an after tax MARR of 12%. The equipment results in an increase in PARCs before tax annual income of $43,223. What is the book value of the equipment at the end of year 5? Selected Answer: 59,575.83 Correct Answer: 16,876.14 + 0.05