Problem $10-17$B Applying the net present value approach with and without tax considerations

Craig Pike, the president of Craig's Moving Services Inc., is planning to spend $$800,000$ for new trucks. He expects the trucks to increase the company's cash inflow as follows.

$\backslash$table$[[$Year $1,$Year $2,$Year $3,$Year $4],[$$$206,250,$$$225,000,$$$245,000,$$$300,000$