ABC Corp. is considering purchasing a machine that costs $65,000. Its useful life is 4 years, and it has no residual value. The physical plant manager estimates that the use of said machine will produce savings in operational costs over the next four years, namely: Year 1234 Amount $25,000 22,000 21,000 Total 20,000 $88,000 ABC uses a required rate of return to evaluate its investment projects (or capital budget) of 18%. You assume two things: 1) that the effect of taxes can be ignored in the analysis, 2) that all cash flows are generated at the end of the year, except for the initial investment. Calculate the following metrics for this investment. 1. Net present value (Net present value) 2. Recovery period (Payback period) 3. Internal rate of return using the interpolation method 4. Accounting rate of return. Assume straight-line depreciation. Use the average annual savings in operating costs in the numerator of this computation. (Accrual accounting rate of return based on net initial investment).