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A car costs $80,000 and depreciation is 25% pa straight-line.

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Cash expenses are $20,000 per year for the first 2 years, $30,000 in year 3, $40,000 in year 4, $50,000 in year 4 and $60,000 in year 6. The salvage value is expected to be $30,000 after 3 years, $25,000 after 4 years, $20,000 after 5 years and $10,000 after 6 years. The after tax […]

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