2. A widget machine will cost $250,000. The anticipated increase in revenue will be $119,000/year for 5-years. Annual expenses will be $20,000/year for 5-years. The depreciable life is estimated to be 5-years and the salvage value will equal $40,000. Additional inventory necessary to run the machine will be $10,000. Initial training expenses are $20,000. Tax rate equals 40%. (Find the NPV@10%)

b. Find the IRR. <- - -Answer B w/the info above.