Talon Controls, Inc. is evaluating a new 3-D printer to support a new production program. The 3-D printer costs $95,000 and requires another $15,000 in setup and calibration. The firm finance 40% of the cost basis with equal payments made on the loan at 10% over 5 years. The 3D printer has an expected service life of 5 years but falls into the MACRS 7-year class for depreciation purposes. After 5 years the salvage value is estimated at $17,000. With the 3-D printer online annual revenues are estimated at $60,000. Annual expenses are estimated at $6,000 in labor, $2,000 in material, and $2,000 in overhead. The CFO has authorized $25, recovered at the firm is set at 40%. Find the following: will 000 in working capital which is to be the end of the 5th year. The CFO has set the MARR at 17% (after tax) and the tax rate for (a) Draw the before tax cash flow (b) Find the book value at the end of year 5, the capital gain or loss from the sale of the asset, and the associated tax implication for the cash flow in year 5 (c) Calculate the taxes for each year (a partial loan amortization is provided to assist with yearly interest deductions) Loan amortization of $44,000 at 10% over 5 interest principal ending balance 44,000 $11,607.09 $11,607.09 $3,679.29 $11,607.09 $11,607.09 $2,014.45 $9,592.64$10,551.90 $11,607.09 $7,207.09 $36,792.91 $8,720.58 $10,551.90 $0.00 (d) Draw the ATCF diagram (show all cash flows) (e) Draw the net cash flow, determine the PW(17%), and state the decision to invest or not