help with the table please

Attempts Keep the Highest/3 6. The estimation of cash flows Consider the case of Beak's Birdhouse Builders Inc. (B3): Beak's Birdhouse Builders Inc. (B3) currently earns annual revenues of $1,500,000 and incurs total operating expenses (excluding depreciation and interest expense) of 45% of revenues. Its earnings are taxed at a rate of 40%. Today, its budgeting committee is evaluating the purchase of a new computerized table saw. The table saw is expected to cost $15,000, plus $3,500 in freight and setup expenses, and will be depreciated using straight-line depreciation. It is expected that the table saw will have a useful life of ten years and a salvage value equal to 25% of its purchase price. It is further expected that the table saw will increase the firm's productivity and cause a 25.00% increase in the firm's annual sales and total operating expenses (excluding depreciation and interest expense). If the table saw is purchased, the firm will require an additional $5,000 in net working capital (NWC). The company's existing table saw is almost completely worn out. It is fully depreciated and can't even be sold for scrap. As a result, there are no expected tax consequences associated with the disposal of the old table saw. Given this information, 1. Complete the following equation that assists in the calculation of the firm's net investment (NINV) for the new table saw and calculate its value. NINV = Purchase price + Shipping and Installation charges, which equals, $18,500. NINV = Purchase price + Shipping and Installation charges + Additional NWC, which equals $23,500. NINV = Purchase price + Annual depreciation expense, which equals $16,388. 2. Complete the following tale that can be used to compute the firm's incremental operating cash flows. Note: Round your answers to the nearest whole dollar. 2. Complete the following tale that can be used to compute the firm's incremental operating cash flows. Note: Round your answers to the nearest whole dollar. Firm Value With Table Saw Firm Value Without Table Saw Net Change Revenues $1,500,000 $1,500,000 Less: Expenses $843,750 $168,750 Less: Depreciation Expense $0 Earnings Before Taxes $1,029,862 $825,000 $204,862 Less: Taxes $411,945 $330,000 $81,945 Earnings After Taxes $617,917 $495,000 $ 122,917 Plus: Adjustment for Non-Cash Expenses $1,388 0 $1,388 Net Cash Flow $495,000