please solve this

6 D G H K 1 4. Consider the following data M 2 A machine costs $300 today (year O). Assume this investment is fully tax deductible, as stipulated by the new US corporate tax code of 2018. 3 This company has current pre-tax profits from other projects that are greater than $300, so it can take full advantage of the investment tax break above in year 0. 4 The machine will generate operating profits before depreciation (EBITDA) of $130 per year for 4 years. The first cash flow happens one year after the machine is put in place (year 1). 5 Depreciation is not tax-deductible. Notice that you do not need to calculate depreciation at all to solve this problem since it has no effect on taxes. The tax rate is 21% 7 There is no salvage value at the end of the four years (the machine is worthless), and no required working capital investment. 8 9 Compute the NPV of the project if the discount rate is 9%. Please show your work below, not just the final answer (15 points) 10 NPV = 11 12 NOTE- The answer cell must remain in B10. Please lay out all your work below. 13 14 15 16 17 18 19 6 D G H K 1 4. Consider the following data M 2 A machine costs $300 today (year O). Assume this investment is fully tax deductible, as stipulated by the new US corporate tax code of 2018. 3 This company has current pre-tax profits from other projects that are greater than $300, so it can take full advantage of the investment tax break above in year 0. 4 The machine will generate operating profits before depreciation (EBITDA) of $130 per year for 4 years. The first cash flow happens one year after the machine is put in place (year 1). 5 Depreciation is not tax-deductible. Notice that you do not need to calculate depreciation at all to solve this problem since it has no effect on taxes. The tax rate is 21% 7 There is no salvage value at the end of the four years (the machine is worthless), and no required working capital investment. 8 9 Compute the NPV of the project if the discount rate is 9%. Please show your work below, not just the final answer (15 points) 10 NPV = 11 12 NOTE- The answer cell must remain in B10. Please lay out all your work below. 13 14 15 16 17 18 19