Madison Manufacturing is considering a new machine that costs $$350,000$ and would reduce pre$-$tax manufacturing costs by $$110,000$ annually. Madison would

use the $3-$year MACRS method to depreciate the machine, and management thinks the machine would have a value of $$33,000$ at the end of its $5-$year

operating life. The applicable depreciation rates are $33\mathrm{.}33\%,44\mathrm{.}45\%,14\mathrm{.}81\%,$ and $7\mathrm{.}41\%.$ Working capital would increase by $$35,000$ initially, but it would be

recovered at the end of the project's $5-$year life. Madison's marginal tax rate is $25\%,$ and a $14\%$ cost of capital is appropriate for the project.

a$.$ Calculate the project's NPV$,$ IRR, MIRR, and payback. Do not round intermediate calculations. Round the monetary value to the nearest dollar and percentage

values and payback to two decimal places. Negative values, if any, should be indicated by a minus sign.

NPV: $

IRR: $,\%$

$\backslash$table$[[$MIRR:$,\%$