Firm D is considering investing $$682,000$ cash in a three$-$year project with the following cash flows. Use $A_p$pendixA and $A_p$ pendix $B.$

Required:

a$1.$ The revenue is taxable, the expenses are deductible, and the marginal tax rate is $15$ percent. Use a $10$ percent discount rate to

compute NPV$.$

a$2.$ Should firm D make the investment?

b$1.$ The revenue is taxable, the expenses are deductible, and the marginal tax rate is $40$ percent. Use a $10$ percent discount rate to

compute NPV$.$

b$2.$ Should firm D make the investment?

c$1.$ The revenue is taxable, only one$-$half of the expenses are deductible, and the marginal tax rate is $15$ percent. Use a $10$ percent

discount rate to compute NPV$.$

c$2.$ Should firm D make the investment?

d$1.$ Firm D can deduct the expenses in the year paid $($against other sources of income$)$ but can defer recognizing the $$301,200$ total

income until year $2.($It will collect the revenues as indicated in years $0,1,$ and $2$ so that before$-$tax cash flows don't change.$)$ The

marginal tax rate is $40$ percent. Use a $10$ percent discount rate to compute NPV$.$

d$2.$ Should firm D make the investment?

Complete this question by entering your answers in the tabs below.

Req A$1$

Req D$2$

The revenue is taxable, the expenses are deductible, and the marginal tax rate is $15$ percent. Use a $10$ percent discount rate

to compute NPV$.$

Note: Deductions and Cash Outflows should be entered with a minus sign. Round discount factor$($s$)$ to $3$ decimal places, all

other intermediate calculations and final answers to the nearest whole dollar amount.