Jasper Metals is considering installing a new molding machine which is expected to produce annual pre-tax cost savings of $87000 per year for 6 years. At the beginning of the project, inventory will decrease by $25,000, accounts receivables will increase by $8,000, and accounts payable will increase by $16,000. All net working capital will be recovered at the end of the project. The initial cost of the modeling machine is 230000. The equipment will be depreciated straight line to a book value of 25000 over the life of the project. Also, the equipment is estimated to have a market salvage value of 50000 at the end of the project. The required return is 14.5 percent, and the tax rate is 35%. a)What is the amount of the aftertax salvage value of the equipment? b) What are the operating cash flows in Years 1,2,3,4 c) Should the new machine be installed? Why or why not