Question 1 [Total 15 marks] The following table shows the after-tax cash flows (ATCFS) for a Defender (the existing machine with four-year remaining useful life). The after-tax minimum acceptable rate of return (MARR) is 12%. Year, k After-tax cash flows (ATCFS) for Year k 1 $ 203,000 2 $ 201,000 3 $ 202,500 4 $ 203,000 (a) Fill out the following table. Year, k Present Worth of ATCFs through Year k (PWk) Equivalent Uniform Annual Cost through Year k (EUACK) 1 ? ? 2 ? ? 3 ? ? 4 ? ? (b) What are the economic life AND the related minimum EUAC for the defender? (c) Fill out the following table. Calculate your Marginal Cost for Year k using PWK-PWk-1. Defender Year, k PWK-PWK-1 Marginal Cost for Year k 1 ? N/A ? 2 ? 3 ? ? Question 1 [Total 15 marks] The following table shows the after-tax cash flows (ATCFS) for a Defender (the existing machine with four-year remaining useful life). The after-tax minimum acceptable rate of return (MARR) is 12%. Year, k After-tax cash flows (ATCFS) for Year k 1 $ 203,000 2 $ 201,000 3 $ 202,500 4 $ 203,000 (a) Fill out the following table. Year, k Present Worth of ATCFs through Year k (PWk) Equivalent Uniform Annual Cost through Year k (EUACK) 1 ? ? 2 ? ? 3 ? ? 4 ? ? (b) What are the economic life AND the related minimum EUAC for the defender? (c) Fill out the following table. Calculate your Marginal Cost for Year k using PWK-PWk-1. Defender Year, k PWK-PWK-1 Marginal Cost for Year k 1 ? N/A ? 2 ? 3