Please Include cash flow diagram please

a. (25 Pts.) 1. An investment company plans to purchase an apartment complex for $350,000. An annual income before taxes of $28,000 and an annual operating cost of $3000 are expected for the next 8 years. After which the property will be sold for an estimated $453,600. The applicable tax rate is 52% and any capital gain on the sale of the property is taxed at a rate of 40%. Compute the values and fill-out the table below using a straight-line depreciation over 20 year life with a 40% salvage value for years 1 through 8. b. Compute the Capital Gain and the Capital Gain Tax for the property after it is sold. C. Compute the Re-captured Depreciation and the Re-captured Depreciation Tax. d. Now re-compute the CFAT for year 8*. Year CFBT Depreciation Book Value Taxable income Taxes CFAT 0 -350,000 0 350,000 0 -350,000 0 1 2 3 4 5 6 7 8 8* a. (25 Pts.) 1. An investment company plans to purchase an apartment complex for $350,000. An annual income before taxes of $28,000 and an annual operating cost of $3000 are expected for the next 8 years. After which the property will be sold for an estimated $453,600. The applicable tax rate is 52% and any capital gain on the sale of the property is taxed at a rate of 40%. Compute the values and fill-out the table below using a straight-line depreciation over 20 year life with a 40% salvage value for years 1 through 8. b. Compute the Capital Gain and the Capital Gain Tax for the property after it is sold. C. Compute the Re-captured Depreciation and the Re-captured Depreciation Tax. d. Now re-compute the CFAT for year 8*. Year CFBT Depreciation Book Value Taxable income Taxes CFAT 0 -350,000 0 350,000 0 -350,000 0 1 2 3 4 5 6 7 8 8*