Consider a wind energy project that produces 399 GWh/yr and is able to sell this at a cost of $0.1/kWh. The project will also receive income in this year from the PTC, at a value of $0.023/kWh. The annual operating expenses come out to be $0.014/kWh plus a fixed amount of $216 thousand. The project is able to depreciate 11.52% of its total installed cost (which was $300 million) in this year, and it can write off the interest paid on the loan, which has a value of $10.92 million this year. The principal paid on debt is $4.08 million and the tax rate for the company which owns the project is 35%. Round all answers to two decimal places. (some answers may be negative)
a) What is the Depreciation (D1) in millions of dollars?
b) What is the total depreciation and interest (DA) deduction in millions of dollars?
c) What are the total operating expenses (OE) in millions of dollars?
d) What is the total revenue(RA) in millions of dollars?
e) What is the total taxable income (TI) in millions of dollars?
f) What is the total tax owed (TA) in millions of dollars?
g) What is the net annual income for this project (NIA) in millions of dollars?
h) What is the after tax cash flow for this year (CF) in millions of dollars?
Detailed Explanation is appreciated