... new assets when needed Include working capital Depreciation: Plan depreciation for new and old assets A non-cash item but it impacts taxes Taxes and Earnings Summarize tax deductible items in ... Last year purchased a gearshift design for $50,000 Facilities are at capacity, so a new shop is required Company owns land nearby New building will cost $60,000 Land purchased 10 years ago for ... forecasted to grow for years before leveling off We’ll estimate for years—for a longer forecast repeat the last year as The building is depreciated over 39 years while the equipment is depreciated...