mr. curtis paid the following taxes: federal income tax $ 75,250 federal gift tax 376 federal employer payroll tax for housekeeper 1,355 indiana income tax 8,460 indiana sales tax on consumer goods and services 3,010 local property tax on: principal residence 4,150 vacation home 2,630 two automobiles 1,350 required: to what extent (if any) can mr. curtis deduct each of these payments

Alpha industries is considering a project with an initial cost of $8 million. the project will produce cash inflows of $1.49 million per year for 8 years. the project has the same risk as the firm. the firm has a pretax cost of debt of 5.61 percent and a cost of equity of 11.27 percent. the debt–equity ratio is .60 and the tax rate is 35 percent. what is the net present value of the project?