Question: Please upload an excel file and show your work. No credit will be given if you do not show your work! ERAU is considering purchasing

 Please upload an excel file and show your work. No credit

Please upload an excel file and show your work. No credit will be given if you do not show your work! ERAU is considering purchasing a new, energy-efficient grill. The grill will cost $60,000 and will be depreciated according to the 3 year MACRS schedule given below Year 1 33.33% Year 2 44.45% Year 3 14.81% Year 4 7.41% It will be sold for scrap metal after 3 years for $20,000. The grill will have no effect on revenues, but ERAU will save $10,000 in energy expenses. The tax rate is 35%. What will be the cash flow in year 3

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