Show Calculations Eureka Company is considering replacing an old computer with a new computer. The following data relate to this investment decision: Cost of the New Computer $40,000 Annual Net Cash Operating Inflow of the New Computer $12,000 Working Capital Needed Now For the New Computer $ 4,000 Useful Life of the New Computer 6 Years Salvage Value of the New Computer at the End of Six Years $ 3,000 Original Cost of the Old Computer Two Years Ago $18,000 Salvage Value of the Old Computer Now $ 4,000 Salvage Value of the Old Computer Six Years from Now $ The new computer will belong to Class 10 with a maximum CCA rate of 30%. The income tax rate is also 30%, and the company's after-tax cost of capital is 12%. 1. What is the approximate present value of the after-tax net annual cash operating inflows for all years? 2. What is the present value of the proceeds that will be received on the sale of the old computer? 3. What is the approximate present value of the after-tax non-operating cash inflows that will occur in Year 6? 4. What is the approximate effective cost now of the working capital component of the investment decision? 5. What is the approximate present value of the tax savings for all years because of the CCA tax shield