Question: please use excel to complete the problem and show the calculations. ty ABC Company is considering a new project and has just purchased equipment that

please use excel to complete the problem and show the calculations. ty
please use excel to complete the problem and show the calculations. ty

ABC Company is considering a new project and has just purchased equipment that has a five-year life. The equipment costs $20 million and will be sold for 25% of its original cost in year 4. Use the MACRS depreciation schedule to compute the amount of depreciation and the book value for each year. If the tax rate is 21%, what is the after-tax salvage value in year 4

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