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Ruby is considering opening a new business for a long-term care facility. The initial investment for the business is $650,000, which includes constructing the housing unit and purchasing other assets. For tox purposes, the projected salvage value of all the assets is $108,000 The government requires depreciating the assets using the stralght-line method over the business's lufe of 15 years. Ruby is trying to estimate the net cashflows after tax for this business. She has alreacly figured out that the business will generate an annual after-tax cash inflow of $85,000 from the operation. She now needs your help to ostimate the net cash inflow that she will recerve from selling the facility's assets at the end of 15 years. Ruby's requitred return is 8% Required: (6) Ruby estimates that, if the economic is booming at the end of the 15 years, she can sell the assets for $146,000. Assuming the tax rate of 30%, what is the net after-tax cashflow Ruby will feceive from selling her assets at the end of 15 years? (Ploase round your answer to the nearest dollar] $ (2) If Ruby is able to sell her assets for $146,000, as mentioned in (1) above, what is the Internal Rate of Return (IRR) for Ruby's business? (Please round your answer to two decimal posis, 1 , ) \% (3) Ruby estimates that, if the economy is in recess at the end of the 15 years, she can sell the assets for $78,000 Assuming the tax rate of 30%, What is the net after-tax cashflow. Ruby will receive from selling her assets at the end of 15 years? (Please round your answer to the nearest dollart's (4) if Ruby is able to sell her assets for $78,000, os mentioned in (3) above. what is the Net Present Value (NPV) for Ruby's business? (Please round your answer to two decimal points) \$

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