Incorrect Question 4 0 / 25 pts Swindler Ltd has completed a feasibility study costing $23,319 to determine if there is any benefit in purchasing a new asset. The machine will cost $339,006 and an additional $10,143 will need to be spent to have the machine in operational state. Before the machine can be used staff must be trained at a further cost of $6,861. The project is expected to last for 5 years and the Taxation Office has confirmed this. At the end of the project the machine will be fully depreciated. Initial advertising costs are expected to $19,387 and additional stock of $61,815 will be needed. Wages will change from $85,000 to $45,504 and Fixed Costs will remain at $39,313. The new machine is expected to produce sales of $1,614,703 in the first year and will grow by 14% each year of the project. Material costs will be 22% of sales in each year. You are required to calculate the net cash flow (round to the nearest dollar and DO NOT include $ sign) that would appear in Year 1 of a Capital Budget. Assume the Australian Company tax Rate applies. 715.114 Incorrect Question 4 0 / 25 pts Swindler Ltd has completed a feasibility study costing $23,319 to determine if there is any benefit in purchasing a new asset. The machine will cost $339,006 and an additional $10,143 will need to be spent to have the machine in operational state. Before the machine can be used staff must be trained at a further cost of $6,861. The project is expected to last for 5 years and the Taxation Office has confirmed this. At the end of the project the machine will be fully depreciated. Initial advertising costs are expected to $19,387 and additional stock of $61,815 will be needed. Wages will change from $85,000 to $45,504 and Fixed Costs will remain at $39,313. The new machine is expected to produce sales of $1,614,703 in the first year and will grow by 14% each year of the project. Material costs will be 22% of sales in each year. You are required to calculate the net cash flow (round to the nearest dollar and DO NOT include $ sign) that would appear in Year 1 of a Capital Budget. Assume the Australian Company tax Rate applies. 715.114