Advanced Packaging Corp. is considering purchasing a new $9.000 packaging machine to roglace a fuly depreciated packaging machine that will last three more years. The new machine is expected to have a three-year ife and a straight ine depreciation With the new packaging machine, the firm expects - Expenses to be $4.000 (excluding depreciation) a year for years 1.3 Revenues to be $8 000 a year for years 1-3 With the old packaging machine, the firm expects Revenues to be $4,500 a year lor years 1-3 Expenses to be $4 000 (excluding depreciation) a year for years 1-3 The firm is in the 40% tax bracket " Assume that the cash ouffiow of $9,000 for the machine occurs duaring year ifthe firm has a required rate of return of 3%. Calculate the incremental cash flows with the new machine for years 13 $600 $3600 $1000 $3,300