Assume the same facts as in Exercise 11- 13 except that Techno Labs is a tax- paying entity. The…

Assume the same facts as in Exercise 11- 13 except that Techno Labs is a tax- paying entity. The income tax rate is 30% for all transactions that affect income taxes. Required 1. Do requirement 1 in Exercise 11- 13. 2. How would your computations in requirement 1 be affected if the special- purpose machine had a $ 12,000 terminal disposal value at the end of 8 years? Assume depreciation deductions are based on the $ 120,000 purchase cost and zero terminal disposal value using the straight- line method. Answer briefly in words without further calculations.