Mate Construction has a taxable income of about $20M. Some construction equipment has the following costs:
![1728_Find the after-tax cash flow.png](https://secure.tutorsglobe.com/CMSImages/1728_Find the after-tax cash flow.png)
(a) Find the after-tax cash flow in year 3 assuming MACRS and the current tax law.
(b) Find the EAC after taxes for the construction equipment assuming a MARR of 11% and MACRS depreciation.