Canvas Netfix Google Drive ESPN+ Database List Study Abroad | U. PLANNER DoorDash Food D.. Joe Olson LLAS-scholarship 12/11/22 10:57 PM Question 2 of 2 ar Manufacturing, Inc. has a manufacturing machine that needs attention Click the icon to view additional information.) er expects the following net cash inflows from the two options: Click the icon to view the net cash flows.) uses straight-line depreciation and requires an annual return of 10%. CELER More info The company is considering two options. Option 1 is to refurbish the current machine at a cost of $2,000,000. If refurbished, Kimer expects the machine to las another eight years and then have no residual value. Option 2 is to replace the machine at a cost of $4,600,000. A new machine would last 10 years and have no residual value Done - X Data table irement 1. Compute the payback, the ARR, the NPV, and the profitability i aute the payback for both options. Begin by completing the payback sched Year Net Cash Outflows ar Amount Invested Annual Net Cash Inflows Accumulated 2,000,000 Refurbish Current Machine Purchase New Machine Year 1 1,420,000 $ 3,840,000 Year 2 390,000 550,000 Year 3 300,000 460,000 Year 4 210,000 370,000 Year 5 120,000 280,000 Year 6 120,000 280,000 Year 7 120,000 280,000 Year 8 120,000 280,000 Year 9 280,000 Year 10 280,000 2,800,000 $ 6.900.000 Total d your answer to one decimal place.) Print Done aining: 01:00:58 Submit quiz