(Solved): Tanaka Machine Shop is considering a four-year project to improve its production efficiency. Buying ...

Tanaka Machine Shop is considering a four-year project to improve its production efficiency. Buying a new machine press for $\$407,000$ is estimated to result in $\$150,000$ in annual pretax cost savings. The press falls in the MACRS five-year class ? , and it will have a salvage value at the end of the project of $\$51,000$. The press also requires an initial investment in spare parts inventory of $\$15,600$, along with an additional $\$2,600$ in inventory for each succeeding year of the project. The shop's tax rate is 21 percent and its discount rate is 8 percent. Calculate the depreciation for each year of the project. Note: Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32. Calculate the aftertax salvage value for the equipment at the end of the project. Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. Calculate the operating cash flow for each year of the project. Note: Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32. Calculate the NPV. Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.