Prepard by Md.

Rayhan Uddin, Sec-A, Id-M 16023702

Math-1

Cost of Machine: 74000

Useful Life 7
Salvage Value 7500
Lease Payment Are Based on 11% Annuity Due
Tax Bracket 0.4
Loan Payment are based on 12%
Loan Installment Calculation:
PV= R*[1-(1+i/m)^-mn)(1+i/m)
i/m
74000=R*[1-(1.12)^-7]/.12 1.12
R= 14477
Tax Adjusted Rate= 0.12(1-0.40)
7.2%

Total Loan Payment: 101339

Interest: 27339

Amortization Schedule
Ending
Year Beginning Balance Installment Interest Principal Balance
0 74000 14477 14477 59523
C 1 59523 14477 7143 7334 52189
o 2 52189 14477 6263 8214 43974
s 3 43974 14477 5277 9200 34774
t
4 34774 14477 4173 10304 24470
o 5 24470 14477 2936 11541 12930
f
6 12930 14477 1547 12930 0
P
u Years
r SL. Particulars
c 0 1 2 3 4 5
h 1 Loan installment 14477 14477 14477 14477 14477 14477
a 2 Interest Payment at 12% 7143 6263 5277 4173 2936
s
i 3 Tax Advantage on Interest Payment at 40% 2857 2505 2111 1669 1175
n Depreciation(MACRS-20%, 32%, 19.20%, 11.52%, 11.52%,
g 4 14800 23680 14208 8525 8525
5.76%)
 5 Tax Advantage on Depreciation at 40% 5920 9472 5683 3410 3410
6 Net cost (Benefit) of Ownership=(1-3-5) 14477 5700 2500 6683 9398 9893
Present Value of Net Cost Benefit of Ownership at 7.2% tax
7 14477 5317 2175 5425 7116 6988
adjusted rate

Note: Here, We Charge depreciation 100% value of the asset. We don't consider the salvage value because it is uncertain after 6 years

Lease Payment Calculation:

PV= R*[1-(1+i/m)^-mn) (1+i/m)
i/m
74000=R*[1-(1.11)^-7]/.11 1.11
R= 14148
s Years
t SL. Particulars
0 1 2 3 4 5
o 1 Lease Payment 14148 14148 14148 14148 14148 14148
f 2 Tax Advantage on Lease Payment at 40% 5659 5659 5659 5659 5659
L 3 Net cost (Benefit) of Leasing=1-2 14148 8489 8489 8489 8489 8489
e
a 4 Present Value of Net Cost Benefit of Ownership at 7.2% 14148 7919 7387 6891 6428 5996
s
i

Decision:Considering above NPVs of two alternatives, we can say that Company should
buy the machine as NPV of leasing is greater than that of borrowing and buying
 Math-2

Cost of Machine: 260000

Useful Life 6
Salvage Value 35000
Lease Payment Are Based on 15% Annuity Due
Tax Bracket 0.4
Loan Payment are based on 15%

Loan Installment Calculation:

PV= R*[1-(1+i/m)^-mn)(1+i/m)
i/m
260000=R*[1-(1.15)^-6]/.15 1.15
R= 59741
Tax Adjusted Rate= 0.15(1-0.40)
9.0%

Total Loan Payment: 358446

Interest: 98446
Assuming Straight Line Depreciation: (260000-35000)/6 37500

Amortization Schedule
Ending
Year Beginning Balance Installment Interest Principal Balance
0 260000 59741 59741 200259
1 200259 59741 30039 29702 170557
C 2 170557 59741 25584 34157 136399
o
s 3 136399 59741 20460 39281 97118
t 4 97118 59741 14568 45173 51945
o 5 51945 59741 7796 51945 0
f

P
u Years
SL. Particulars
r 0 1 2 3 4 5
c 1 Loan installment 59741 59741 59741 59741 59741 59741
h
a 2 Interest Payment at 12% 30039 25584 20460 14568 7796
s 3 Tax Advantage on Interest Payment at 40% 12016 10233 8184 5827 3118
i 4 Depreciation(Assuming Straight Line Method) 37500 37500 37500 37500 37500
n
 n
g 5 Tax Advantage on Depreciation at 40% 15000 15000 15000 15000 15000
6 Net cost (Benefit) of Ownership=(1-3-5) 59741 32725 34508 36557 38914 41623
Present Value of Net Cost Benefit of Ownership at 9.0% tax
7 59741 30023 29044 28229 27568 27052
adjusted rate

8 Less: Present Value of Salvage Value/Scrap Value at 9.0%

9 Total Present Value

Lease Payment R= 50000

s Years
t SL. Particulars
0 1 2 3 4 5
o 1 Lease Payment 50000 50000 50000 50000 50000 50000
f 2 Tax Advantage on Lease Payment at 40% 20000 20000 20000 20000 20000
L 3 Net cost (Benefit) of Leasing=1-2 50000 30000 30000 30000 30000 30000
e
a 4 Present Value of Net Cost Benefit of Ownership at 9.0% 50000 27523 25250 23166 21253 19498
s
i

Decision:Considering above NPVs of two alternatives, we can say that Company should
take lease the machine as NPV of taking lease is less than that of borrowing and buying

Math-3
Total Payment 30850
Interest: 6850

Amortization Schedule
Year Beginning Balance Installment Interest Principal Ending Balance
1 24000 6170 2160 4010 19990
2 19990 6170 1799 4371 15619
C 3 15619 6170 1405 4765 10854
o 4 10854 6170 977 5193 5661
s 5 5661 6170 509 5661 0
t

o
f Prepard by Md. Rayhan Uddin

P Years
u SL. Particulars Total
1 2 3 4 5
r
 r
c 1 Loan installment 6170 6170 6170 6170 6170 30850
h 2 Interest Payment at 9% 2160 1799 1405 977 509 6850
a 3 Tax Advantage on Interest Payment at 40% 864 720 562 391 204 2740
s
i 4 Maintainance cost 1500 1500 1500 1500 1500 7500
n 5 Tax Adavantage on Maintainance cost at 40% 600 600 600 600 600 3000
g 6 Depreciation(MACRS-20%, 32%, 19.20%, 11.52%, 11.52%) 4800 7680 4560 2880 2880 22800
7 Tax Advantage on Depreciation at 40% 1920 3072 1824 1152 1152 9120
8 Net cost (Benefit) of Ownership=(1+4)-3-5-7 4286 3278 4684 5527 5714 23490
Present Value of Net Cost Benefit of Ownership at 6% as per
9 the question 4043 2918 3933 4378 4270 19542.1295

**** In case of Depreciation Calculation , absolute % considered for Example: 19.20% to 19% similary 11.52% to 12%)
** Maintaince cost is the cost which is not included in loan payment , that is why when we calculate net cost befit , it is incorporated

s Years
t SL. Particulars Total
1 2 3 4 5
o 1 Lease Payment 6000 6000 6000 6000 6000 30000
f 2 Tax Advantage on Lease Payment at 40% 2400 2400 2400 2400 2400 12000
L 3 Net cost (Benefit) of Leasing=1-2 3600 3600 3600 3600 3600 18000
e
a Present Value of Net Cost Benefit of Ownership at 6% as per
4 3396 3204 3023 2852 2690 15165
s the question
i
Note: We don't take the lease option to purchase the asset into the account at the end of lease term
Decision:Considering above NPVs of two alternatives, we can say that Company should
take lease the machine as NPV of taking lease is less than that of borrowing and buying
 Math-4
Total Payment 29835
Interest: 9835

Amortization Schedule
Year Beginning Balance Installment Interest Principal Ending Balance
1 20000 5967 3000 2967 17033
2 17033 5967 2555 3412 13621
C 3 13621 5967 2043 3924 9697
o 4 9697 5967 1455 4512 5185
s 5 5185 5967 783 5185 0
t

o Interest Payment: 15%

f

P Years
u SL. Particulars Total
1 2 3 4 5
r
c 1 Loan installment 5967 5967 5967 5967 5967 29835
h 2 Interest Payment at 15% 3000 2555 2043 1455 783 9835
a 3 Tax Advantage on Interest Payment at 40% 1200 1022 817 582 313 3934
s
i 4 Maintainance cost 1000 1000 1000 1000 1000 5000
n 5 Tax Adavantage on Maintainance cost at 40% 400 400 400 400 400 2000
g 6 Depreciation(MACRS-20%, 32%, 19.20%, 11.52%, 11.52%) 4000 6400 3800 2400 2400 19000
7 Tax Advantage on Depreciation at 40% 1600 2560 1520 960 960 7600
8 Net cost (Benefit) of Ownership=(1+4)-3-5-7 3767 2985 4230 5025 5294 21301
Present Value of Net Cost Benefit of Ownership at 9% as per
9 3456 2512 3266 3560 3441 16235.2312
the question
Note: We don't take the lease option to purchase the asset into the account at the end of lease term
**** In case of Depreciation Calculation , absolute % considered for Example: 19.20% to 19% similary 11.52% to 12%)
** Maintaince cost is the cost which is not included in loan payment , that is why when we calculate net cost befit , it is incorporated

s
t Years
SL. Particulars Total
1 2 3 4 5
o
f 1 Lease Payment 5000 5000 5000 5000 5000 25000
2 Tax Advantage on Lease Payment at 40% 2000 2000 2000 2000 2000 10000
L 3 Net cost (Benefit) of Leasing=1-2 3000 3000 3000 3000 3000 15000
e
e
a Present Value of Net Cost Benefit of Ownership at 9% as per
9 2752 2525 2317 2125 1950 11669.0
s the question
i

take lease the oven as NPV of taking lease is less than that of borrowing and buying
take lease the machine as NPV of taking lease is less than that of borrowing and buying
 Excel Prepared by Md. Rayhan Uddin (due to time constraint )
Copy the value and Past it into Khata

Math-5

Cost of Machine: 100000

Useful Life 8 Years
Salvage Value 8000
Lease Payment 16000 Annuity Due
Tax Bracket 0.4
Loan Payment are based on 14%

Loan Installment Calculation:

PV= R*[1-(1+i/m)^-mn)(1+i/m)
i/m
100000=R*[1-(1.14)^-8]/.14 1.14
R= 18910
Tax Adjusted Rate= 0.14(1-0.40)
8%

Amortization Schedule
Year Beginning Balance Installment Interest Principal Ending Balance
0 100000 18910 18910 81090
1 81090 18910 11353 7557 73533
2 73533 18910 10295 8615 64917
3 64917 18910 9088 9822 55096
C 4 55096 18910 7713 11197 43899
o 5 43899 18910 6146 12764 31135
s
t 6 31135 18910 4359 14551 16584
7 16584 18910 2326 16584 0
o
f

P
u SL. Particulars Years
r
c
 c
h 1 Loan installment 18910 18910 18910 18910 18910 18910
a 2 Interest Payment at 14% 0 11353 10295 9088 7713 6146
s
i 3 Tax Advantage on Interest Payment at 40% 4541 4118 3635 3085 2458
n Depreciation(MACRS-20%, 32%, 19.20%, 11.52%, 11.52%,
g 4 20000 32000 19000 12000 12000
5.76%)
5 Tax Advantage on Depreciation at 40% 8000 12800 7600 4800 4800
6 Net cost (Benefit) of Ownership=(1-3-5) 18910 6369 1992 7675 11025 11652
Present Value of Net Cost Benefit of Ownership at 8.4% tax
7 18910 5875 1695 6025 7984 7785
adjusted rate

Less: Present Value of Salvage Value/Scrap Value at 8.4%

Total Present Value

**** In case of Depreciation Calculation , absolute % considered for Example: 19.20% to 19% similary 11.52% to 12%, 5.76% to 5% )
o
s Years
t SL. Particulars
0 1 2 3 4 5
o 1 Lease Payment 16000 16000 16000 16000 16000 16000
f
2 Tax Advantage on Lease Payment at 40% 6400 6400 6400 6400 6400
L 3 Net cost (Benefit) of Leasing=1-2 16000 9600 9600 9600 9600 9600
e
a
s 4 Present Value of Net Cost Benefit of Ownership at 8.4% 16000 8856 8170 7537 6953 6414
i
n

Decision:Considering above NPVs of two alternatives, we can say that Company should
take lease the machine as NPV of taking lease is less than that of borrowing and buying
 Math-6

Loan Installment: 2638 at 10%

Total Payment: 13190
Interest: 3190
Depreciation: :10000/5 2000 Per Year

Amortization Schedule
Ending
Year Beginning Balance Installment Interest Principal Balance
1 10000 2638 1000 1638 8362
2 8362 2638 836 1802 6560
3 6560 2638 656 1982 4578
C 4 4578 2638 458 2180 2398
o
s 5 2398 2638 240 2398 0
t
Interest Payment: 10%
o
f After Tax Discount Rate: :0.10(1-0.30) 7%

P
u Years
SL. Particulars Total
r 1 2 3 4 5
c 1 Loan installment 2638 2638 2638 2638 2638 13190
h
a 2 Interest Payment at 10% 1000 836 656 458 240 3190
s 3 Tax Advantage on Interest Payment at 30% 300 251 197 137 72 957
i 4 Maintainance cost 80 160 320 640 1280 2480
n
g 5 Tax Adavantage on Maintainance cost at 30% 24 48 96 192 384 744
6 Depreciation 2000 2000 2000 2000 2000 10000
7 Tax Advantage on Depreciation at 30% 600 600 600 600 600 3000
8 Investment Tax Credit 800
9 Net cost (Benefit) of Ownership=(1+4)-3-5-7-8 994 1899 2065 2349 2862 10169
Present Value of Net Cost Benefit of Ownership at 7% as per
10 929 1659 1686 1792 2041 8105.95263
the question
11 Less: Present Value of Salvage Value1500 at 7% 1069
12 Total Present Value 7037

** Maintaince cost is the cost which is not included in loan payment , that is why when we calculate net cost befit , it is incorporated
C Lease Payment: 2000
o Years
s SL. Particulars Total
1 2 3 4 5
t
1 Lease Payment 2000 2000 2000 2000 2000 10000
o 2 Tax Advantage on Lease Payment at 30% 600 600 600 600 600 3000
f 3 Maintainance Cost 80 160 320 640 1280 2480
L 4 Tax Adavantage on Maintainance cost at 30% 24 48 96 192 384 744
e 5 Investment Tax Credit 800
a 6 Net cost (Benefit) of Leasing=(1+3)-2-4-5 656 1512 1624 1848 2296 7936
s
i Present Value of Net Cost Benefit of Ownership at 7% as per
7 613 1321 1326 1410 1637 6306.23784
n the question
g

take lease the oven as NPV of taking lease is less than that of borrowing and buying
take lease the machine as NPV of taking lease is less than that of borrowing and buying
 Math-8

Cost of Machine: 126965

Useful Life 5
Lease Payment Are Based on 10% Annuity Due
Tax Bracket 0.4
Loan Payment are based on 15%

Loan Installment Calculation:

PV= R*[1-(1+i/m)^-mn)(1+i/m)
i/m
126965=R*[1-(1.15)^-5]/.15 1.15
R= 32935
Tax Adjusted Rate= 0.15(1-0.40)
9.0%

Total Loan Payment: 164675

Interest: 37710
Assuming Straight Line Depreciation: 126965/5 25393

Amortization Schedule
Ending
Year Beginning Balance Installment Interest Principal Balance
0 126965 32935 32935 94030
C 1 94030 32935 14105 18831 75200
o
s 2 75200 32935 11280 21655 53544
t 3 53544 32935 8032 24903 28641
4 28641 32935 4294 28641 0
o
f

P
u
r Years
c SL. Particulars
0 1 2 3 4 5
h
a 1 Loan installment 32935 32935 32935 32935 32935
 s 2 Interest Payment at 15% 14105 11280 8032 4294
i 3 Tax Advantage on Interest Payment at 40% 5642 4512 3213 1718
n
g 4 Depreciation(Straight Line Method) 25393 25393 25393 25393 25393
5 Tax Advantage on Depreciation at 40% 10157 10157 10157 10157 10157
6 Net cost (Benefit) of Ownership=(1-3-5) 32935 17136 18266 19565 21060 -10157
Present Value of Net Cost Benefit of Ownership at 9.0% tax
7 32935 15721 15374 15108 14920 -6601
adjusted rate

Lease Payment Calculation:

PV= R*[1-(1+i/m)^-mn)(1+i/m)
i/m
126965=R*[1-(1.10)^-5]/.10 1.1
R= 30448

s Years
t SL. Particulars
0 1 2 3 4 5
o 1 Lease Payment 30448 30448 30448 30448 30448
f 2 Tax Advantage on Lease Payment at 40% 12179 12179 12179 12179 12179
L 3 Net cost (Benefit) of Leasing=1-2 30448 18269 18269 18269 18269 -12179
e
a 4 Present Value of Net Cost Benefit of Ownership at 9.0% 30448 16760 15376 14107 12942 -7916
s
i

Decision:Considering above NPVs of two alternatives, we can say that Company should
take lease the Car as NPV of taking lease is less than that of borrowing and buying
 Class Practiced Math (Using Tax adjusted Rate & Applying Investment Tax Credit in both Leasing & Purchasing)

Question: We assume that a company will acquire a piece of equipment costing Tk 100,000. The company has two options, one is purchasing

& another is leasing. If the company decides to purchase, the company take loan TK 100,000 at 10% to be repaid in each year
equal installment in next 5 years. The other option is , company can acquire through lease agreement, the required rate of return
of the leasor is 12%, the payment would be made equally each year for the next 5 years
Other Information:
* Investment Tax Credit is 10%
*The Depreciation, the company will follow the straight line method
* Tax Bracket is 25% of the company
Requirement: From which source the company will acquire the asset?
Solution:
We Know that
PV= R*[1-(1+i/m)^-mn)
i/m
100000= R*[1-(1.10)^-5]/.10

R= 26380

Tax Adjusted Rate= 0.10(1-0.25)

7.5%

Total Loan Payment: 131900

Interest: 31900
Straight Line Depreciation: 100000/5 20000
Amortization Schedule
Ending
Year Beginning Balance Installment Interest Principal Balance
C 1 100000 26380 10000 16380 83620
o 2 83620 26380 8362 18018 65602
s 3 65602 26380 6560 19820 45782
t
4 45782 26380 4578 21802 23980
o 5 23980 26380 2400 23980 0
f

P Years
u SL. Particulars Total
1 2 3 4 5
r
c 1 Loan installment 26380 26380 26380 26380 26380 131900
 c
h 2 Interest Payment at 10% 10000 8362 6560 4578 2400 31900
a 3 Tax Advantage on Interest Payment at 25% 2500 2091 1640 1145 600 7975
s
i 4 Depreciation 20000 20000 20000 20000 20000 100000
n 5 Tax Advantage on Depreciation at 25% 5000 5000 5000 5000 5000 25000
g 6 Investment Tax Credit (at 10%) 10000 10000
7 Net cost (Benefit) of Ownership=1-3-5-6 8880 19290 19740 20235 20780 88925

8 Present Value of Net Cost Benefit of Ownership at 7.5% 8260 16692 15890 15152 14474 70469

Lease Payment Calculation:

We Know that
PV= R*[1-(1+i/m)^-mn)
i/m
100000= R*[1-(1.12)^-5]/.12

R= 27741
s
t Years
SL. Particulars Total
1 2 3 4 5
o
f 1 Lease Payment 27741 27741 27741 27741 27741 138705
2 Tax Advantage on Lease Payment at 25% 6935 6935 6935 6935 6935 34676
L Investment Tax Credit (at 10%) 10000
e
a 3 Net cost (Benefit) of Leasing=1-2-3 10806 20806 20806 20806 20806 94029
s 4 Present Value of Net Cost Benefit of Leasing at 7.5% 10052 18004 16748 15579 14492 74875
i
Note: Leasing is an alternative source of fiancing. It is also an investment for the lease as it provides benefits earning from investments
Decision:Considering above Present value of two alternatives, we can say that Company should
borrow & buy the asset as present of buying is less than that of taking lease
 Page No: 107 (Math)

Question: We assume that a company will acquire a piece of equipment costing Tk 100,000. The company has a choice of acquiring the equipment

by borrowing 100000 at 10% interest to be repaid in 10 equal installment of $ 16270 per year, or by leasing the machine for $16,270 per year
Other Information:
* Investment Tax Credit is 10%
*Following Per Year Straight Line Depreciation
* 46% Tax Bracket
Requirement: Will the company get the asset by buying or Leasing?
Solution:
R= 16270
Tax Adjusted Rate= 0.10(1-0.46)
5.4%
Total Loan Payment: 162700
Interest: 62700
Straight Line Depreciation: 100000/10 10000
Amortization Schedule
Ending
Year Beginning Balance Installment Interest Principal Balance
1 100000 16270 10000 6270 93730
2 93730 16270 9373 6897 86833
3 86833 16270 8683 7587 79246
C 4 79246 16270 7925 8345 70901
o 5 70901 16270 7090 9180 61721
s 6 61721 16270 6172 10098 51623
t
7 51623 16270 5162 11108 40515
o 8 40515 16270 4052 12218 28297
f 9 28297 16270 2830 13440 14857
P 10 14857 16270 1413 14857 0
u
r
c
h Years
a SL. Particulars
1 2 3 4 5 6
s
i 1 Loan installment 16270 16270 16270 16270 16270 16270
n 2 Interest Payment at 10% 10000 9373 8683 7925 7090 6172
g 3 Tax Advantage on Interest Payment at 46% 4600 4312 3994 3645 3261 2839
4 Depreciation 10000 10000 10000 10000 10000 10000
 5 Tax Advantage on Depreciation at 46% 4600 4600 4600 4600 4600 4600
6 Investment Tax Credit (at 10%) 10000
7 Net cost (Benefit) of Ownership=1-3-5-6 -2930 7358 7676 8025 8409 8831

8 Present Value of Net Cost Benefit of Ownership at 5.4% -2780 6624 6555 6502 6464 6441

Lease Payment, R= 16270

s
t Years
SL. Particulars
1 2 3 4 5 6
o
f 1 Lease Payment 16270 16270 16270 16270 16270 16270
2 Tax Advantage on Lease Payment at 46% 7484 7484 7484 7484 7484 7484
L Investment Tax Credit (at 10%) 10000
e
a 3 Net cost (Benefit) of Leasing=1-2-3 -1214 8786 8786 8786 8786 8786
s 4 Present Value of Net Cost Benefit of Leasing at 5.4% -1152 7909 7503 7119 6754 6408
i
Note: Leasing is an alternative source of fiancing. It is also an investment for the lease as it provides benefits earning from investments
Decision:Considering above Present value of two alternatives, we can say that Company should
borrow & buy the asset as present of buying is less than that of taking lease
 Total
6
14477 101339
1547 27339 Deprciation Calculation:
619 10935 74000 20% 14800
4262 74000
32% 23680
 1705 29600 19% 14208
12153 60804 12% 8525
8008 49506
12% 8525

Total
6 7
14148 99036
5659 5659 39614
8489 -5659 59422

5593 -3478 50883

ears
Total
6
358446
98446
39378
37500 225000
15000 90000
-15000 229068
-8944 192713

20869
171844

Total
6
300000
20000 120000
-20000 180000

-11925 154764
Deprciation Calculation:
20000 20% 4000
32% 6400
19% 3800
12% 2400
12% 2400
 R
e
c
o
MACRS applicable percentage
v for property class
e
Years Total r
y
 18910 18910 151280 ###
4359 2326 51280 Deprciation Calculation: ###
1744 930 20512 100000 20% 20000 ###
5000 100000 ###
32% 32000
2000 0 40000 19% 19000 ###
15166 17980 90768 12% 12000 ###
9348 10223 67846 ###
12% 12000
4196

63650

###

5% 5000
###
###
###
Years ###
Total
6 7 8 ###
16000 16000 128000 ###
6400 6400 6400 51200 ###
9600 9600 -6400 76800 ###

5917 5458 -3357 61948 ###

###
###
Total

164675
37710
15084
126965
50786
98805
87456

Total

152240
60896
91344

81718
sing & Purchasing)
 Total
7 8 9 10
16270 16270 16270 16270 162700
5162 4052 2830 1413 62700
2375 1864 1302 650 28842
10000 10000 10000 10000 100000
 4600 4600 4600 4600 46000
10000
9295 9806 10368 11020 77858

6433 6438 6459 6513 55649

Years
Total
7 8 9 10
16270 16270 16270 16270 162700
7484 7484 7484 7484 74842
10000
8786 8786 8786 8786 77858
6080 5768 5473 5192 57055
 MACRS applicable percentage for property class
Recover
3-Year 5-Year 7-Year 10-Year 15-Year 20-Year
y Year
1 33.33 20 14.29 10 5 3.75
2 44.45 32 24.49 18 9.5 7.219
3 14.81 * 19.2 17.49 14.4 8.55 6.677
4 7.41 11.52 * 12.49 11.52 7.7 6.177
5 11.52 8.93 * 9.22 6.93 5.713
6 5.76 8.92 7.37 6.23 5.285
7 8.93 6.55 * 5.90 * 4.888
8 4.46 6.55 5.9 4.522
9 6.56 5.91 4.462 *
10 6.55 5.9 4.461
11 3.28 5.91 4.462
12 5.9 4.461
13 5.91 4.462
14 5.9 4.461
15 5.91 4.462
16 2.95 4.461
17 4.462
18 4.461
19 4.462
20 4.461
21 2.231